By: Bradley C. Smith
With no major news for the EUR/USD pair today, I have only Bollinger Bands, Full Stochastic, StochRSI and RSI to go by for direction. Each indicator is far above it's respective centerline except the RSI, which is wrapped around it's centerline. The price action has been exploring the higher reaches of a weakening dollar but only finding strength around the 1.4500 area.
Each of the four indicators put to the three hour chart, are at their centerline or enough below to show a likely move upward. Price action on this timeframe only shows the recent range-bound comfort of the 1.4500 area. News will move this pair, be ready at 8:30 est tomorrow.
