EUR/USD Stable

The main currency pair, EUR/USD has seen a lot more volatility and excitement than what we witness these last few trading sessions. Since 8 Jan the pair has not done anything interesting or even exciting other than stay in between 1.0950 and 1.0850.

In light of this, traders and investors might start to lose patience and become risk takers. Currently, the price of EUR/USD is 1.0900 and without any major news to stir the market until the end of the week the pair might continue trading in the same range.

Major levels of support and resistance: 1.0800, 1.0100

Chart: EUR/USD D1