Price Moving Into Daily Resistance Level
Whilst we have been in a ranging market in the last few months with this pair, price is currently making a solid swing higher.
This move looks like it is heading into the important daily resistance level around 80.86.
Even though we have seen a strong move higher, this market is still sideways and this level could be a solid potential area to look for short trades.
Until we get a clear break and a new trend forms, we can continue to look to play both sides of the market.
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