That answer could be in the consolidation seen on the 60-minute time frame. The momentum set up that will either push the pair higher through near-term highs to make a run at the 1.3300 to 1.3320 area or either send it lower through 1.3200 could be as simple as the break of a symmetrical triangle. The after-effects of a market still sighing a breath of relief for Greece’s bailout is leaving the EUR/USD rather flat. With no new insight, opinion, or dramatic headline, the pair tired from its journey higher is taking a breather but not losing much ground as it clings to the 38.2% Fibonacci Retracement it has danced ... (full story)