…and it’s not about to change. The upper line and the white long-term median come together on the top in Sept. 2025 @ 1.2080.

When the hourly 200 sample upside volatility exceeds 166 pips, the wheels come off.

When the hourly 200 sample downside volatility breaches 166 pips, there may be hiccups, maybe digestions. At 266 pips – now you hit a major resistance.

The intermediate dealer commitment can take a divergent beat in an extreme in the neighborhood of 350 pips.

On the upside, 140 pips would be too painful to bear.
This is not fair and balanced, the Dollar is not about to become way weaker than the Euro, no matter what they are attempting to do to it. No amount of retards talking about the failing Dollar, and no number of news anchors calling a 0.3% counter move a faltering.
The Dealers Intermediary has to make a divergence with the price going lower than the last swing low by 140-350 pips and at the same time COT positioning showing a lower high.
37 pips
Where does this come from? From statistics. A break of a 3rd, or a 6th day’s low would go another 45 to 82 pips. 37-tall box.

Remember the 2 brothers? The market has been revolving around them.

The Eur/Usd has a fluctuation maximum of 38.4 pips. 37 is just shy of that.
Marewick & Brix currency agenda. Simply delusional.