Euro/USD: Euro remains in the range

The pair EUR/USD is traded slightly downward at the Forex currency market, being in the range for the past three days.

By 8.40 Moscow time the Euro is at 1.4803 against closing session level of 1.4830 yesterday.

Last night the Euro soared to the peak of December, 2009, to the level of 1.4900, as soon as excitement over destruction of number one terrorist- Usam Bin Laden subsided at the market.

Meanwhile, the Euro ???? is still in the range, since there are no additional drivers for the movement.

Most probably the pair EUR/USD will not go beyond the range of 1.4750-1.4850 at the trading session on Tuesday.

 

 

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