EURUSD made an impressive move higher during Friday’s session following a disappointing NFP figure, retesting the highs from the 24th and 29th of September. However the rally was short-lived as sellers quickly pushed the pair 100 pips lower before the close. Once again, this leaves the single currency in uncertain territory as it continues to tread water less than 200 pips above channel support from the March low. At this point it seems that it’s going to take a major catalyst to move the pair out of this range that has been in place for seven months. Until that time, the directionless price action makes an entry ... (full story)