The Traderszone Network

Published in TZ Latest News 15 August, 2016 by The TZ Newswire Staff

Forex technical analysis: EURUSD extends the narrow trading range

New highs for the day.  EURGBP helping as it too trades to new session highs
The EURUSD has broken to new session highs for the day – extending the narrow 24 pip range coming into the NA session.  In the process the pair has moved above the 1.1186-90 area. This has been the home to swing lows and highs going back to July 29th. That is now intraday support for traders.