EURUSD has been moving in a mid-term price range for more than a week. Within the scope of this range smaller-scale timeframes do show some action in the form of complex patterns.
This situation is expected to continue at least for today’s European trading session. According to the calculations made by the SRP Department of , throughout the day we may see the currency pair forming a swing of wave level M15 or higher.
As for the intra-session trading, EURUSD is expected to make strong moves on small-scale timeframes. In order to trade this moves, traders are recommended to switch to M5.
