September was another range-bound month for the Euro. The total monthly range high to low was only 203 pips. The open to close range was even smaller at only 85 pips.
On the monthly chart below we see the latest month as an inside bar. This underscores just how slow things have been in this pair. Furthermore we're still in a larger range since March of 2015. The top and bottom of this area can be found at 1.0462 and 1.1713.
While eventually we will get a breakout, ranges can persist far longer t…
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