Momentum is still cautious. The structure inside the highlighted range shows lower highs, meaning bulls need confirmation — not anticipation. A reclaim of the 0.0940 intraday resistance would shift short-term pressure and open the door for a squeeze back toward the top of the range.
If support fails cleanly below 0.0915, the breakdown could accelerate toward the 0.0900 liquidity pocket, where stops likely sit.
Support: 0.0915 / 0.0900
Resistance: 0.0940
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
