EURUSD seems to be stuck in a tight range today. Looking at the hourly chart, it's just bouncing between 1.1790 and 1.18. RSI is also not giving any clear signals. I'm thinking of waiting for a breakout before entering any trades. Is anyone else seeing this?
update: just noticed the pivot point is right around 1.17896. maybe that's acting as support? gonna watch that level closely. if it breaks, might consider a short position.