EUR/USD Choppy Waters: Eyeing a Range Play as Market Consolidates

EUR/USD Current Read: Sideways Grind

Alright team, let's have a gander at EUR/USD today. It's been a pretty tight range, eh? We're currently sat around 1.08547, with the daily action swinging between 1.08476 and 1.08618. The overall trend is definitely looking sideways, as the market seems to be catching its breath. We've got pretty strong resistance just above us at 1.0862, and a decent support level at 1.0848. This tight channel is what we're working with for now.

My Intraday Setup: Riding the Range

Given this consolidation,