EURUSD is up a few pips after run toward the 2019 low fades
The EURUSD pushed outside the 20 pip box on a break of the 1.11237 level, but the pair could not get real close to the 1.11064 low for the year. The low today reached 1.11153.
The price is back in the box with the 1.1143 as a topside target now. GRRRRR....
So instead of having a narrow 20 pip trading range, we now have a narrow 28 pip trading range. The 22 day average ist 47 pips. So anything can happen, but what we know is the waters are a bit more muddy after the failed break and attempt at running to the new 2019 low. The sellers and buyers are back to fighting it out.
