Although the short term bias is up, the pair has been struggling to clear the key .9525 resistance.The first pullback found support at the .9275 role reversal level then bounced higher. But the bounce has been rather meek and not much impulsiveness behind it.
Intraday bears can look to short at the range resistance with tight stops above. Should this level fold, then .9745 is on deck for the bulls.
Intraday bears can look to short at the range resistance with tight stops above. Should this level fold, then .9745 is on deck for the bulls.