If it can’t go lower, it goes back higher. The EURUSD is back at the 100 and 200 hour MA area at the 1.2324 level. The midpoint of the days range is at 1.23305. . Random motions.
This is the area that the patient bears/sellers should enter. The range is narrow. The risk is minimal ( a move above 1.2335 should not happen if the sellers want to keep control) and if the range is extended lower, the reward is worthy. We will see.
