EURUSD trades to a new NY session high

Technical Analysis

Author: Greg Michalowski | eurusd

The range remains narrow for the pair today

The EURUSD started the day in a narrow trading range of 43 pips. It remains at 43 pips That is well below the average of 67 pips.
The range remains narrow for the pair today

However, the pair has moved back above a swing area between 1.21485 and 1.21516.  Moreover, the pair has tested and remained above the high of the swing area.

The buyers are making a play. Can they keep that bias going forward?  

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