With a big barrier in place at 1.3000 and with the market unable to generate any momentum, it seems that we will stay indefinitely in range trading mode. The short-term technical levels to watch are 1.3030 and 1.3000 on the downside and 1.3200 and .3230 on the topside. We open today right in the middle of this range so it’s a total coin toss whether we try the top or bottom of the range first. Range trading with a neutral bias is how I see it, and avoid trading in the middle.