EU Comment;
IMO You may want to use caution if considering trades as it appears the sneaky MM's may be running some Pumps N Dumps above the 1.11500 key level which is consistent with their sometimes appearing as Bulls but building for shorts and grabbing stops.
If this is the case, there can be much ranging just above this key level until they make their intended move....We cannot know for sure, but just an observation from history as they are masters at disguising their intentions which are more apparent on the higher t/f's......
IMO You may want to use caution if considering trades as it appears the sneaky MM's may be running some Pumps N Dumps above the 1.11500 key level which is consistent with their sometimes appearing as Bulls but building for shorts and grabbing stops.
If this is the case, there can be much ranging just above this key level until they make their intended move....We cannot know for sure, but just an observation from history as they are masters at disguising their intentions which are more apparent on the higher t/f's......
Keep It Simple