EURUSD Update – 11th Jan 2013

January 11, 2013 by  
Filed under FX News

EURUSD Update – 11th Jan 2013

The EURUSD currency pair is once again threatening recent range resistance highs around 1.3300, after the ECB (European Central Bank) held its key rate at the record low 0.75% yesterday.

Yesterday’s move brought significant volatility and the daily range was over 240 pips – 3 times the 60 day average.

See the following EURUSD D1 chart for an overview of the levels we will be monitoring going forward.

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