Technical viewThe battle continues. Consolidation continues. Be patient and wait for the break. Or buy the dips if that works for you.
RSI holding over 50 bullish. Bollinger Bands converging and the more they converge the more likely that the price moves on either side depending on which gets broken ...up or down. MACD turning and if it crosses over and we are near the 2.50 area would be a good technical set up for the breakout.
My sense however is that we keep on going sideways and this is healthy. Lets the buy the dip folks accumulate and other profit take and the shorts to build things up which also helps any bullish break out as they cover. But I think we need more time which to repeat is healthy.
RHT Chart Link