Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a possible QE3 announcement from the Fed next friday.
We don’t have any bias on the pair as for now given the tight range on the daily chart but you may take notice that the major is regularly bought on dips. The Euro is not under so much pressure despite what most analysts would like until proven otherwise. That being said, we remain on the sidelines.
Provided by atf-forex-trading.com