Price failed to create upward momentum after the Cloud break yesterday and is currently moving sideways, consolidating. This pattern was seen before last leg up, from Dec 23, so we might see another pop. Bulls are mainly worried about a sharp drop and a taking out of the 1.6100 low from Dec 31. Price should stay between the Daily S1 and R1. A close above the red resistance line could spark more upside and a test of the R1 from here. Right now price is crawling by the lower band of the Cloud after trying a break above during Asia session.
None of the other exchanges has even close to that around 1.9500
It won't go down just appeared 30 min ago. So while the others are moving down it's going up.