EUR/USD Trading Flat, Range Bound Within 1.10 And 1.12
August 09, 2016 at 04:34 AM EDT
EUR/USD (1.1079) has been trading flat since mid-June with price seen bouncing off the 1.10 support and 1.120 resistance. Last week’s retest to 1.123 – 1.1214 marks a correction to the declines with prices re-establishing resistance.