Daily Support Facing Big Test

The major daily support level on this pair is facing a big test.

The higher time frame charts including the daily chart are all trending higher and this is a proven price flip level. However; there is a stubborn intraday resistance level containing price at the moment.

As the 4 hour chart shows; price is stuck between the major daily support and the intraday resistance. Until one of these levels breaks, making a trade on this pair will come with high risk.

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