Wednesday April 12, 2017 - 09:40:08 GMT
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Amazing Trader Ideas For 12 April 2017 Data Register for the Amazing Trader
The Easter holiday period, mainly in Europe continues to keep many traders on the sidelines. This should impact trading well into the week ahead. Reduced trading activity has seen reduced trading ranges. This week has seen a relatively light data calendar.
The EURUSD HOD has been 1.0625, while the LOD is 1.0594. That narrow 29 pip range is unlikely to hold. Expect modest stops below the LOD and above the HOD. Markets often focus on even numbers, so the 1.0600 line should set the tone again today.
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