DislikedActually, I see this week's price action just about par for course. We did the exact same thing between 1.36 -1.38, and then 1.34-1.36.
What you have is the bears and the bulls staring at each other. Each will make mad dashes at the other only to be stopped and sent back. It makes for very choppy trading, but as long as you remember the key rule of range trading, which is to take a position against strength, you should have made a lot of money as either a bear or a bull.
I have circled the areas on my 4H chart that show the ranges. Note...Ignored
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