Recent price action for the EUR/USD makes it a scalping target in its own right and the upcoming ECB decision will only add to its attractiveness. The looming event risk typically leads to a period of consolidation as traders error to the side of caution as the policy meeting has the potential to initiate a new trend. Solid technical support and the current range has the pair offering profit potential in its current environment for those with a bit more risk tolerance, as we have seen sharp intra-day moves. 

 

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