EUR/USD seesawing around 1.0210 as traders brace for US CPI data

Actually, the MMs have good control over price. They are cycling it up and down to help them create liquidity. The market is all about liquidity to fill orders. We know this! So, all is going as we should expect.

The analysis traders want is not something they know should be happening and that they can see with their own eyes.

The "news analysis" ignores volume. But volume can bring to the analysis something that nothing else can bring......WHERE BIG MONEY HAS A PLAY TO ENTER OR EXIT and that THE MMS ARE CATERING TO by controlling price (moving it up and down) to create liquidity to fill those SM orders.

And we can see from the chart today that the MMs pumped price to fill orders.......HTMRW.
And we know the sensible thing to do in trading is to........Buy low, sell high!

And, of course, selling high does not have to be an "exit". It can be the opening of a "short" position. Heck, it can be both the closing of short term "longs" (selling) AND the opening of possibly a longer term short position (selling)........

Well, we can never know the sequence of distances and directions the MMs will move price to cater to SM business for the big commissions. But this is definitely not just wandering around waiting for something to happen.......