Currently Re-testing June Highs

Jul 16, 2020

So far today the pair has not been able to break above yesterday's high but was able to push higher on an intraday basis due in part to the markets reaction to today's major data releases. Last months high was broken and re-tested again earlier today. My bias is going from bullish to neutral at this point. The uptrend is now reaching monthly highs and very close to multi-month highs with march resistance not very far away.