After the fireworks to end last week the EURUSD appears to be tired.  The cross has consolidated in a 40 pip range through out New York trading.  Data out of Europe will be mild once again tonight.  So the cross may sit tight in its current range.  Resistance rest at 1.2440.  Any move up to this level could find sellers in the near term.  Resistance begins at 1.2330.  In this quiet environment any unexpected news out of Europe could spark large moves.

Sup    1.2330

Res     1.2440

Keane Insight:  Playing the range in this slow environment.

For access to Keane Insight’s and current trade stream http://wp.me/P2pFeJ-1IT  .

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