Since the second week of February that the EURUSD and the USDCHF have been trading in a not very well defined range. I don’t feel keen about trading them unless they break the medium term range, and you know… I guess with the fundamentals coming up later this week both of them will break that range:
Medium term ranges:
Important fundamental announcements for this week:
Monday: AUD Interest rate
Tuesday: CAD Interest rate
Thursday: GBP Interest rate, EUR interest rate
Friday: Non-farm payrolls
Trade safe alright?