After rejecting the extreme high of the range, price has now moved back into the midway support level.
As the daily chart shows; price has popped higher and we could see a move back into the range resistance.
If we can see a new move higher we could look for momentum to build for new long trades and a breakout through the overall range.
Long trades above this range would open the way for price to move into a lot of space higher.
As the daily chart shows; price has popped higher and we could see a move back into the range resistance.
If we can see a new move higher we could look for momentum to build for new long trades and a breakout through the overall range.
Long trades above this range would open the way for price to move into a lot of space higher.