Price Snaps Out of Squeeze

We looked at this market recently and the very tight squeeze price had been forming.

Price has now aggressively snapped out of this squeeze higher into the longer term resistance.

This is an interesting market and a higher risk market to trade. There are far more gaps than the major Forex pairs and moves can at times be erratic.

If price can now rotate lower back into the near term support level it could provide intraday short-term long trades.