The range that is currently in play with this pair continues to hold.
As the daily chart shows; price is now testing the highs of the range and the daily resistance level.
We can also see that price has recently formed a high lower within the range indicating that price may be building momentum for a breakout higher.
If price can now break this range it could offer a lot of long trading opportunities.
As the daily chart shows; price is now testing the highs of the range and the daily resistance level.
We can also see that price has recently formed a high lower within the range indicating that price may be building momentum for a breakout higher.
If price can now break this range it could offer a lot of long trading opportunities.