Price is now sitting at a major level for this pair on the daily chart that has held as a proven support and resistance level multiple times this year.
As the daily chart shows; price as far back as March this year held at this level as support before price broke through and it held again as a price flip resistance level.
After breaking back higher again later in the year, price held once again as a new price flip support.
Price is now testing this level all over again as a major support level and it looks a major level for both hunting trades and for where price will make its next serious move.
As the daily chart shows; price as far back as March this year held at this level as support before price broke through and it held again as a price flip resistance level.
After breaking back higher again later in the year, price held once again as a new price flip support.
Price is now testing this level all over again as a major support level and it looks a major level for both hunting trades and for where price will make its next serious move.
