EUR/USD: Hunting a Long Push Beyond Resistance

Market Read

EUR/USD is currently stuck in a tight range, sitting at 1.08569. The 24-hour change is only 0.06%, showing a clear sideways trend. Price has been oscillating between the day's low of 1.08465 and high of 1.08673. Not much in the way of strong fundamental drivers to push it one way or another, keeping things tight.

Technical Setup

Despite the choppy action, I'm looking for a short-term long scalp. Price is showing some resilience above the 1.0846 support. My entry is planned at 1.0854, anticipating a quick bounce. This is