1.1400 trying to play support after another failure at 1.1450
The moves in the euro are becoming very repetitive around 1.1400. It's been support, it's been resistance, each time there's been a test.
EURUSD 15m chart
Right now we're seeing support at the level as it bounces to 1.1415. To be honest, I'm surprised that this 1.1330/35 to 1.1450 range is lasting so long and it's providing some great quick pips.
When markets move like that and you get in tune with it, it can do your account wonders.
However, complacency is an account killer so the longer something like that runs, the higher the risk grows that it stops, via a break. As long as you remember that and set your trades accordingly, you won't undo all the good work that took ten or twenty trades, in one bad one.
