Forex technical analysis: EURUSD chops around via ForexLive

August 5, 2015 9:33 AM | 21 seconds read |
Liquidity, uncertainty keep the market nervous The EURUSD had a run to the upside after the weaker than expected ADP report.  The move was able to extend what was once again a narrow trading range for the pair (from around 47 pips to 81 pips currently).  That move was short lived as sellers retraced about 50% of the move higher (see 5 minute chart below).  

posted via ForexLive

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