By ForexMansion.com
The EUR/USD has been consolidating for the last several days between the 1.40 and 1.38 levels, and today’s action did nothing to change that situation. The pair is simply going sideways and seems to be stuck at the moment. No new signals will be fired off until we can close above 1.40 on the daily to buy, or a daily close below 1.38 for a sell towards the 1.38 level.
