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EURUSD moved higher...it had to do something. What levels are in play today

From technical-analysis.forexlive.com

The EURUSD has moved higher in the early NY trading but is already back down. It had to do something. The day started with only a 31 pip trading range. It is no nearly double at 61 pips, but that was it. The price is already back off to where it began. The pairs non trending characteristic are well documented by now. Yesterday's range was 55 pips. Today's 61 so far. The range for the month is 274 pips. That would make it the lowest range going back to November 2014 when it was 267. In 2014 there was a month with a range of 194 pips (the World Cup was getting started during that month plus banks were under the ... (full story)

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