DislikedHi Piters,
Yes the pair is consolidating around 1hr 100sma. We may see this choppy action for the next few days. These are the days most trend traders loose money and range traders make money Daily Stochs are pointing up but the Daily Momentum is positing down, which means 100 pips up 100 pips down( choppy daily bar). I do not see it going further than 212.70/80. However daily close above 1hr 100sma could also mean the pair is ready to move up towards 216 before next week.Ignored
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