EUR/USD stuck between 1.235 and 1.255!
From the begining of November EUR/USD ranges between 1.255 and 1.235. Strong daily down trendline pushing the pair down and range is tightening in the last couple of days. It will be logical for the pair to try the support 1.2350/60 one more time, but as we can see, for the last three days euro is defending 1.2420. Euro can’t recover from the May 2014. –> November 2014. fall at all and on every attempt for recovery bears return the pair down!