DislikedCheck out this chart from a recent post from James16 on the Daily Eur/Chf :
This is a similar situation as the 1.3300 on the Eur/Usd.
The 1.3100 and 1.3150ish are PPZ levels and Price has broken through these levels pretty hard indicated by a good size BUOB.
As you can see, Price has acted as previous Resistance at these levels. Also previous Support. Guess where Price may find Support after it has broken through these level? Let's watch and find out . .shall we.Ignored
Did this bounce provide enough movement to cover your risk and see if she runs? Only you know the answer.
Indicators show the past. Price Action "Indicates" the future.