Range Support Holds With Bullish Rejection

We discussed this pair yesterday and how price action was moving down to the near term support level.

Price has now moved lower into this level and rejected it with a strong bullish rejection candle on the 4 hour chart.

The range we discussed yesterday that price was forming is now in full play and until we get a clean breakout, we can look to play both sides of the market.

We can look to trade long and short from both the range support and resistance levels.