Right Back Into the Chop

After making a breakout lower, price has quickly snapped back higher and moved right back into the chop and range pattern.

This is by far one of the most boring Forex pairs and a pair that is generally best avoided.

It has a history of ranging and chopping back and forth for months, if not years at a time and even when making a trend it can still chop and whipsaw all over the place.

For the time being at least this pair is a heavy avoid.