Range

The difference between the low and high prices for a currency over a specific time period. Range defines the price spread for a defined period, such as a day or year, and indicates the currencies price volatility. The more volatile the currency, the wider the range. Traders closely follow ranges since they are very useful in pinpointing entry and exit points for trades.

By | 2017-08-14T15:46:40+00:00 August 14th, 2017|0 Comments

About the Author:

Brad has over 25 years of FX trading experience. Prior to setting up T4T in 2009, Brad worked for Citibank, Commonwealth Bank of Australia and Toronto Dominion Bank. He was Chief FX Dealer of some of the biggest FX teams in Sydney, London & New York. He has also worked extensively through Asia in Japan, Singapore, Hong Kong and Vietnam

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