Extending the range. Above the 1.1200 level

The EURUSD is stretching to new fresh highs for the day (and the week). In the process, the pair has moved above the 1.1200 natural level and the 1.1203 61.8% retracement level. The 1.1216-18 and then the 1.1223 are the next targets.

Extending the range. Above the 1.1200 level

The range for the day is up to 41 pips now. The 22 day average is 50 pips.