Sforex

EURUSD‬ : New range : 1.1400-1.12300

FX:EURUSD   Euro Fx/U.S. Dollar
113 0 3
ECB failed to deliver a new life for Euro             , 1. 1400             proved a strong resistance, profit taking beat Euro             at 1. 1400             and fell aggressively in 1 hour to current level 1.1300
Now we see E/U sideways in a range between :1.1400-1.1230
Only a break either two levels will provide a clear trend to trade.
The high resilience of Euro             created a tough case for traders, we don't know how to trade Euro             currently. We need a clear signal; both ECB and FED don't give clear path for Euro             as well as Dollar. No more easing and rate hike. How to deal with it ?
The only solution I suggest is wait.
We should be patient until a breakout occurs.

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