Русский
The US dollar has slipped a bit in early Monday trading, as the markets are showing an overall “risk on attitude” out there. At this point, the markets are looking to recover some of the fear driven movements over the last few sessions.
EUR/USD Technical Analysis
The euro rallied a little bit during the trading session on Monday in the early hours, but we are still well within the trading range that we have been in. So, I don’t know if I read too much into it other than we aren’t leaving the trading range, but that in and of itself might be reason enough to get involved. After all, we’ve been trading between 1.08 and 1.0950 for a couple of weeks now, and it looks like we are going to stay here as the US dollar just can’t quite strengthen enough to get things going.
