Anyone seeing this EUR/USD price action lately? I just stopped over to check out the EUR/USD because the AUD/USD action died down... Found a couple little scalp setups to trade after capitulation spikes... Then I started thinking... Hmm, something feels strange about this pattern!
The EUR/USD is patterning like a pairs chart as it trends... Which is really odd, because the EUR/USD normally patterns like a commodity. What is also strange is that price stayed restricted to under 1.5 ATR during the trend. Normally price is always cycling over two ranges as it moves in any instrument.
Price action is normalizing again as I am posting this.
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