@chibuzo9894 on EURUSD | PriceONN Community
The EURUSD pair is currently exhibiting reduced volatility, as evidenced by the contracting Bollinger Bands on the hourly chart. This compression typically precedes a significant price movement. Traders should be prepared for a potential breakout, either to the upside or downside, and have their trading plans ready. The direction of the breakout should give a clue.