EUR/USD Price Analysis: redistribution taking shape? By ross_burland EURUSD Technical Analysis
The daily chart's consolidation could be a phase of redistribution.EUR/USD Price Analysis: Accumulation kicking in, or just a respite on the way to test 1.0340 EUR/USD remains in a consolidation phase and it is yet to be seen if this is just a respite or accumulation. From a daily perspective, the price continues to be drawn to the midpoint of the consolidation range. With a break, either way, traders are left with the range to trade and nothing more conclusive.
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