Prices are ranging in the 10.20 - 11.50 area and we are at the bottom of this range, which makes for a good long trade in the short term. Since the 200 EMA have been touched twice already and it looks like we are holding this 10.20 for now. I am expecting a big bounce through the 200 EMA on the 1H and a test of 11.50. A close below 10.10 would invalidate this trade.