After making a nice breakout higher and through the daily resistance area, price has snapped back lower.
As the daily chart shows, price is now back retesting this same resistance level as a new potential support level.
This looks a major level to watch in the coming sessions with this pair.
A strong hold of this level and we could look for a new trend higher and more long trades.
As the daily chart shows, price is now back retesting this same resistance level as a new potential support level.
This looks a major level to watch in the coming sessions with this pair.
A strong hold of this level and we could look for a new trend higher and more long trades.