We should get a new range extension, no???
The EURUSD tried life below the 200 hour MA and 38.2% retracement. No love. The price closed above each on the last hourly bar. Price is holding above it on this bar. The range is still the same at 72 pips. There have been maybe 5 days in 2015 with more narrow trading ranges. With the 200 hour MA and 38.2% at 1.1240, is it worth a shot for a squeeze higher? I've had worse trade ideas. Get above 100 hour MA above.
