Hi dear readers and followers, here is nother boring day with very limited trading range. The difference between yesterday’s low & high was only 72 pips, but this boring day as useless as it is, has one benefit: it confirmed the importance of 1.1264. When the price approached this level, it bottomed 9 pips above it, then jumped about 70 pips. This is the second time we find support in the same area, Monday’s low was 1.1270, and yesterday’s low was 1.1273, this is an obvious signal that this is a good support area. We need to wait for Eurogroup Meeting today for clear direction.
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