For most, trading in the middle of this range is not ideal. Price is currently pressing againstresistance from former trendline support and congestion from late March / early April. Trendline resistance is just below 13300 as well. Hopefully, early May can provide a pivot to trade to from. Recent lows at 13155 and 13100 are near term supports. I don’t want to strongly suggest a direction when the market is drifting sideways but the inability of the EURUSD to break 13000 after 3 attempts in the last 2 months hints that the break will be higher. EUR event risk is heavy Wednesday through Friday.
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