EURUSD (1.1591): The EURUSD continues to trade range bound following the bounce off the previous support low at 1.1573. Price action remains subdued overall and this could suggest a balanced bias. The common currency continues to maintain the range within the lows of 1.1573 and resistance level of 1.1674. Multiple attempts to break past the 1.1600 handle failed to keep price action muted as a result. Today’s EU forecasts could, however, see some volatility coming into the currency pair.
