Here on 4h and 1h one can see the congestion area inside this larger DAILY supply zone. More activity later during NFP, but during NFP I stay out.
Reduced my longs from earlier entry, price still in dangerous territory unless 9720 is cleared. No new entry, waiting.
Despite the bearish calls I will wait for closes below 0.9185 for further confirmation. Price is still supported by leading diagonals.
Looks like price wants to test the top range of this box-like consolidation range.
Maybe just a lot of closed LONGS at previous high area, but a breakout would have to see added strength.
Could take out stops below this topping range cluster....