EUR/USD Setting up a Consolidation Range for a Breakout Trade

Consolidation: The EUR/USD has been in the habit of rallying, then consolidating sideways. It did so in a larger degree around mid-January for a couple of weeks. Then last week, we had almost a full week of range-bound action before bullish continuation. Yesterday (1/30), the EUR/USD was again…

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EUR/USD Setting up a Consolidation Range for a Breakout Trade