Hello and welcome to the daily discussion for EURUSD, the most traded currency pair in forex. I like EURUSD for several reasons....it has low spread, good daily ranges and is reasonably steady without the wild swings of say GBPJPY or EURJPY. I thought it'd be good to get some discussion going revolving around the intra-day moves for the pair. I've just entered a small buy at the current daily lows looking for a bounce back up to 1.1120. The data was okay from the US but doesn't seem to warrant this sort of pullback. Stop is at 1.1080.