@JamesTaylor3 - EURUSD | PriceONN Topluluk
J
This is eerily similar to the choppy action we saw in late Q3 last year, remember? Everyone was convinced it was going to tank after that jobs report miss, but then it just grinded sideways for weeks before a sharp move. This 1.15-1.16 range feels like a deliberate trap. I'm watching the 200 SMA on the daily, it's been a decent support level, but I wouldn't trust it with these algo traders hunting stops.