Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View More
EUR/USD Tightest 20 Day Range Since December 2014

EUR/USD Tightest 20 Day Range Since December 2014

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The 20 day range (about a rolling month) stands at 1.69%. This is the tightest range since early December 2014. Several weeks later, EUR/USD dropped from above 1.24 to nearly 1.11 in about 5 weeks. Point is, strong trends tend to succeed tight ranges. Pay attention to SSI, which may help ‘catch’ the move. As always, reward/risk is paramount.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES