Price Flip Support Being Tested
After breaking higher and through an important daily resistance level, price has formed some indecision candles.
Price now sits just above the old resistance and new price flip support level after forming a daily chart inside bar.
This level looks key for where price heads next in this market.
If this level holds, we could see the resistance around 1.2200 taken out and a much larger move higher.
Price now sits just above the old resistance and new price flip support level after forming a daily chart inside bar.
This level looks key for where price heads next in this market.
If this level holds, we could see the resistance around 1.2200 taken out and a much larger move higher.
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