Consolidation Choppy Price Action Taking Place

This pair has been choppy and sideways all year.

The past few weeks have been no different. After a huge daily chart bearish engulfing bar, price went right back to forming an inside bar and going nowhere.

Whilst price is very sideways there are still trading opportunities. The best plays look to be trading both sides of the market from the range high and low looking for reversals back into the range.

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