BombayBulls

EUR/USD - Playing New Range Today

FX_IDC:EURUSD   Euro / U.S. Dollar
Lack of consistent theme in the market will provide good opportunity for range trade. Initial holding places are still 1.1150 and 1.1300 but it is range extreme which can provide best opportunity based on risk reward. We are looking forward to trade EUR/USD             longs near 1.1100 - 1.1120 and short near 1.1380 - 1.1400 in case it manages to breach above mentioned range of 1.1150 / 1.1300.
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