FX:EURUSD Euro Fx/U.S. Dollar
EUR/USD's last 48 hours have produced a simple rectangle/flat/flag range consolidation with clear levels at 1.3255 and 1.3295. With the necessary caveat about special situations (i.e. whipsaws),these periods of low volatility are excellent passages to identify and lie in wait for high probability setups built around discrete levels well-suited for risk management.