EUR/USD - not tradable

FX:EURUSD   欧元/美元
66 0
A look at the daily EURUSD chart immediately shows that this pair is not tradable at the moment. The consolidation is getting smaller and smaller. The DXY is showing the same behavior - a very tight range between a trendline and a resistance area . The Euro Futures are also trapped in a very narrow range.

Keep in mind that both, the USD and the EUR have been strengthening over the past weeks with the uncertainty in the world. Two relatively strong currencies trading against each other lead to sideways price behavior.

For now, don't bother looking at the EUR/USD . It's too easy to get caught up in the fighting for a few points on the narrow range.
I have been trading for 15 years!

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