The EUR/USD consolidation continues. Even though the pair fell today and made a new low at 1.1726 later it bounced back so the bearish trend is not continuing just yet. Range, however, continues and I actually did not resist temptation and opened a new long position. I did it just as the pair started dropping again, so you can imagine how pleased I was when it bounced back. But, all is well when it ends well – I managed to close it and make a profit, although I doubt I will be doing that again any time soon. I think I will just sit tight and wait for the bearish trend to continue before I open any new positions.