FOREXLIVEThe fact that EUR/USD is trading within a 15 pips range juts above 1.0800 speaks to how slow things are moving in the European session so far. The pair is near flat levels, holding just above the figure level with large option expiries also in play here.
The confluence of the 100 (red line) and 200-day (blue line) moving averages at 1.0789-02 is also helping to add to some added interest around the current levels. So, traders are trying to find more conviction to shake that off.
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