At $1.0193 with $135.55M daily volume, caution is warranted.

The latest hourly close slipped 0.43% to 1.0164, while hourly volume sits at 0.71x the 23-hour average. This points to subdued participation beneath the recent 1.044 high.

If buyers push a reclaim of the 1.044 boundary on rising volume, continuation toward the upper range becomes a scenario to watch. Conversely, failure to hold above the 0.9975 low signals structural weakness and invalidates the bullish setup.

Would a volume surge past 1.044 convince you to turn bullish, or does a drop below 0.9975 invalidate that view?

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