Choosing Not to Trade is Still Trading: Monitoring the EUR/USD

Opting Out of Trading is a Decision: While we anticipate a breakthrough in this consolidation zone where the current price resides, which is currently at the lower end compared to December, in a sideways or accumulation phase, as some may term it, recent observations indicate reduced market activity within this range. Hence, I've decided to refrain from trading until Wednesday. Our focus remains on monitoring the market until Wednesday, seeking the opportune moment. Until then, enjoy your Super Bowl Sunday, my friend. Let's reconvene on Wednesday as key inflation numbers to be released.