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EUR/USD, Lack of Direction Today

EUR/USD, Lack of Direction Today

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10 March 2010 11:06 AM GMT

The daily chart of the EUR/USD is on a down swing of a range bound past few weeks. This combined with no new heavy news releases and each of four technical indicators near their centerlines means, another range bound day. Will the three hour chart agree?

This week has been within a 150 pip range. The lack of extreme direction, movement or position in any price action or four indicators on the three hour chart, signals a range bound day.

Currency Pairs

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Live FX Rates

Symbol	Change	High	Low

EUR/USD	0.0073	1.2623	1.2562
AUD/USD	0.0112	0.9879	0.9799
EUR/GBP	0.0027	0.8036	0.801
EUR/JPY	0.25	100.21	99.81
GBP/USD	0.0045	1.5716	1.5678
USD/CAD	-0.0056	1.0271	1.0238
USD/CHF	-0.0047	0.957	0.9532
USD/JPY	-0.29	79.73	79.35

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