Inside Bar Forms at Price Flip Level

Price on the daily chart of this pair has now formed an inside bar at the price flip resistance area.

This new resistance recently held as a daily chart support level.

The overall trend in this pair is higher, with price in recent times attempting to make a reversal back lower.

If we can see price move above this daily chart inside bar we could then look for new long trades and for the trend higher to once again continue on it’s way.