Together they make sense, after a break higher on the daily chart we would expect a short term pullback on the hourly chart to test the breakout line for support. The breakout line test of support at 0.4150 will tell us whether we are looking at a breakout or a false breakout if it pulls back within the trading range. If it is a genuine breakout we would be looking for a 200% expansion of the daily chart range. If it is a false breakout which the short term setup seems to be indicating it will pullback inside the range and retest the lows. Interesting times.
