Looking Price to Test Resistance

Price action on the daily chart of the EURJPY is now moving higher and into the major range resistance level.

As we have previously discussed; there is a pretty clear-cut range in play in this pair.

As long as the range low and high, support and resistance continue to hold we can keep looking to trade both sides of the market.

If price pushes higher into the range resistance in the next few sessions we can once again look for short trades and for the range to hold.