EURUSD Consolidation & Indecision
🔰EURUSD is stuck between two structures forming a horizontal trading range.
To identify a future direction of the market I would suggest waiting for a breakout.
🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance.
🔰Bearish breakout of its support will push the market lower to 1.0462 support.
To confirm a breakout we need a daily candle close below/above the structure.
🔰EURUSD is stuck between two structures forming a horizontal trading range.
To identify a future direction of the market I would suggest waiting for a breakout.
🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance.
🔰Bearish breakout of its support will push the market lower to 1.0462 support.
To confirm a breakout we need a daily candle close below/above the structure.
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