Put simply, I think that this market continues to go back and forth in a range. I think this market could be very difficult to hang onto for longer-term trades, so I’m looking at treating shorter-term charts and more of a range bound attitude for the next several weeks. I do not anticipate a major break out, at least not in the short term. Overall, the market is very likely to be volatile, but obviously for those of you to trade shorter-term charts, this is good to be an excellent opportunity. The longer-term consolidation features the 1.15 level underneath as the floor, while the 1.1850 level above is resistance. In general, it’s good to be difficult to going to be difficult to hang onto a trade for more than a day or so.