EUR/USD is still moving within a consolidation phase in the recent 1.3000 – 1.3200 range, as per the H1 intra-day chart below. We still see the area around the 1.3000 handle round number as a key technical point of interest as this is likewise aligned with the D1 200 SMA. The 1.3200 area (upper end of the consolidation range) is part of a longer term PPZ (price pivot zone). Euro/dollar made a test of the 61.8% Fib around 1.3160 this week but is yet to see a close and continuation above this technical level on the H4 timeframe or higher. (full story)