We are experiencing continued consolidation with some failed signals to both sides.
A move in either direction on high volume will indicate which direction is next.
Higher time frames finally looking bullish again. Support showed up in a likely area (old resistance) and pressure is once again to the buy side. A 2-headed H&S pattern can be seen on the orange lagging Chikou Span, and we are challenging the cloud bottom on this time frame with higher lows. If you're not already in, a close above 0.72 or a re-test of the H&S neckline around 0.59 would both work as entries.