Long term bear, Short term range between 104 and 105.7
27
Saw a strong bullish recovery on the 26th with a close above previous 2 days highs and close to 7/21 close. However failed to follow through on the next day.
We then see a couple of tight closes at 105 area with resistance at 105.70.
On 30th and 31st, we see the support and resistance being pierced but no follow though.
Entered a short position because of the weak close on Friday (31st) after fauked upthrust above 105.70