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EURUSD is in the midst of a non trending today


The EURUSD is non trending today.  The low has been defined by a floor at the 1.4207 area.  The upside has some progressively lower highs that have formed a trendline which currently comes in at the 1.4244 level.  A break of the trendline will continue to have resistance up at the 1.4266 level but this would be the target area.  A break below would look toward support at the 1.4175 to 1.4183 area.  The 1.4183 level is the midpoint of the 2008 high to low range.   


Quiet market for the pair, but let the price action dictate the next directional move.