The Euro is struggling with the old high at 14960. Todays peak is within 40 pips and the broadening range whipsaw price action on the 15 minute chart shows currently volatility.
Broadening formations usually lead to explosive moves - one way, or the other. The formation often remains symetrical, as this chart is. Blue lines containing the action.
One way of trading these is to take the reversals at extremes, given some confirmation from the Candle formation that price is about whip back.
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