Can we See a New Price Flip Level?
Price in this pair has now broken above an important resistance level and made a strong move higher.
The level that price has just made a breakout through looks a key level and a potential level to look for price to rotate back into.
If price can rotate back lower into this level in the next few sessions we could watch for it to act as a new price flip support level.
This level could also be a solid level to look for potential long trades on the intraday time frames
The level that price has just made a breakout through looks a key level and a potential level to look for price to rotate back into.
If price can rotate back lower into this level in the next few sessions we could watch for it to act as a new price flip support level.
This level could also be a solid level to look for potential long trades on the intraday time frames
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