Stuck In A Range ... Again

The EUR/USD pair meandered in a range yesterday leaving profits to the scalpers. The net downward bias to the market is noted by repeated failures near 1.3000 and weakness on the 5 minute chart. US trade numbers are due out at 13:30 GMT and that is expected to nudge the market. Look to go short below 1.2980 or scalp long with tight stops above 1.3010.