EUR/USD at the 1.3800 level.

Yes, I doubt the tight 30-pips EUR/USD range will end before the end of the holidays. Next week however we'll probably see a move to the downside towards 1.0500.
 
EUR/USD failed to close yesterday under the support level 1.0600 and back to the 100 pip range I dont expect to see much movement till the end of the week.
 
Not much movement today, the pair is consolidating in a very tight range around 1.0619 zone, waiting for a breakout to continue further bearish trend.
 
A lot of consolidation on the EURUSD due to the holidays, but next week it may continue going lower on the ECB decision.
 
The single currency recorded neutral session against the dollar on Thursday. Trading was extremely quiet, as the opening price was similar to the closing, respectively, 1.0623 and 1.0609. In the early hours bears prevailed, but later losses were compensated. So the difference between the highest and lowest value for the day was 27 pips. If negative sentiment continue, we may expect break of support level at 1.0565.
 
Yesterday the EURUSD fell with a narrow range, creating an inside day, due to the Thanksgiving holiday and closed near the low of the day, suggesting a potential pullback for today.

The 10-day moving average continues to push the currency down acting as a strong resistance.

The key levels to watch are the 1.0819 (resistance), a Fibonacci extension at 1.0703 (resistance), the 10-day moving average at 1.0643 (resistance), 1.0622 (Support), and 1.0462 (support).
 
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