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EURUSD - 240 - Stuck in a short-term range

Euro / U.S. Dollar (FX_IDC:EURUSD)  
JFD_Research Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Trade idea.

EURUSD is currently balancing roughly between the 1.1065 and 1.1106 levels. The pair is also in a downtrend, so there is a likelihood that it may continue. For now, we will stay neutral and wait for a clear break through one of those levels. But after that, we won't aim for areas that are too far.

Please see the chart for levels and targets.

Don't forget your stop-loss.
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