It's been a long time since I took a look at the Forex market, so I'll start with our Euro against the USD.
If truth be told, I haven't missed much since 3 months ago. As the title says, as see a PingPong game of the EMA 200 and 800 or in other words: It is nothing more than a range.
This leads to the simple idea to trade the Reaction. In fact, currently we are back at the daily EMA800, with a good chance that we get a divergence in the TDI. I would leave some space for the SL, since, as seen in May we could well play a little above the EMA. As a target for the time being the EMA200 should be targeted, if this is reached, one can ride the remaining position.