Price with this pair has been unable to break the daily resistance level and make a serious move into the extreme highs of the overall range.
As the daily chart shows; price formed a solid false break bearish rejection candle that broke the resistance and snapped back lower.
Price is now looking to move back into the daily support around 1.7959.
This is a very sideways market and both long and short trades can be hunted on the daily and smaller time frames.
Trades could also open up if the resistance gives way with price looking to move into the major highs of the range.
As the daily chart shows; price formed a solid false break bearish rejection candle that broke the resistance and snapped back lower.
Price is now looking to move back into the daily support around 1.7959.
This is a very sideways market and both long and short trades can be hunted on the daily and smaller time frames.
Trades could also open up if the resistance gives way with price looking to move into the major highs of the range.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.