Technical analysis:
EUR/USD is trading sideways in the tight bracketing regime. Watch for the breakout to confirm further direction..
Trading recommendation:
Watch for the breakout of the tight consolidation to confirm further direction.
Downside breakout of 1,1740 can confirm further test of 1,1707
Upside breakout of resistance at 1,1770 can confirm test of 1,1825
The material has been provided by InstaForex Company - www.instaforex.com