The Euro maintained a narrow range throughout the overnight trade, with price action holding below the 100-Day SMA at 1.2711, but the single-currency could face increased volatility later on today as the Federal Reserve is scheduled to release its policy meeting minutes at 18:00 GMT.

The Euro maintained a narrow range throughout the overnight trade, with price action holding below the 100-Day SMA at 1.2711, but the single-currency could face increased volatility later on today as the Federal Reserve is scheduled to release its policy meeting minutes at 18:00 GMT.

The Euro maintained a narrow range throughout the overnight trade, with price action holding below the 100-Day SMA at 1.2711, but the single-currency could face increased volatility later on today as the Federal Reserve is scheduled to release its policy meeting minutes at 18:00 GMT.

EURO and GBP was making swing and firm up during Japanese session.A dip and rise are expected during European session.Swing and rise moves could be seen during US session.

It is month end and new month beginning week.So more volatility could be seen,less drop and more rise moves could be seen in all majors when contrarian moves are made.

Trade with care.

Regards

Dr.Sivaraman