Sideways Crawl Denotes Fair Value

Forex trade has been really slow this week, with the majors pairs failing at the first support or resistance that came their way. The only exception is the pound, which has moved approximately 300 pips this week. However, when compared to its historical average trading ranges (ATR), these are small…

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Sideways Crawl Denotes Fair Value

Tags: atr, majors, Pound, week

This entry was posted on Wednesday, March 10th, 2010 at 2:08 am and is filed under Action Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.