has been trading sideways for the better part of a year now. There appears to still be a lot of short interest. I'm not a huge fan of trading this pair as we may yet see more consolidation to come. I'm on the lookout for a breakout in April to the upside with quite an ambitious target in mid May of 1.23. This consolidation has to end some time!

Charts:
EurUsd


-AgentSmith
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