EUR/USD: Don't Get Caught Flat-Footed in This Sideways Chop – A Long Setup Emerges

Market Structure & Key Levels

The EUR/USD pair is currently trading at 1.08763, showing a modest 0.24% gain in the last 24 hours. The market's been stuck in a frustratingly tight sideways channel, oscillating between the 1.08368 low and the 1.09159 high of the day. This indecision often leads to overcrowded short-term plays, and that's precisely where I see an opportunity. My analysis suggests we're consolidating before a significant move higher, not lower. We've seen solid support