EUR/USD: Failures In Both Directions Leave Range Intact
London, July 13.
EUR/USD has failed to eke out further gains and offers into the 1.3790"s continue to rebuff the advance. However, the failure to sustain lower levels, following the early dip below 1.3770, has highlighted the inability of the pair to move in either direction so the short-term range (1.3765/95) has remained intact. Dealers suggest trading a break out of the broader 1.3750/3800 band as a medium-term directional play. |