– Previous Weekly candle closed Bearish around 181.480 as price retested the Weekly Support formed around 180.600, Friday Daily candle closed weak Bullish at 181.480 forming weak Daily Support around 181.370.
– Buys on close above 181.880 targeting 1h Resistance around 182.200, Leaving Runners to the 4h Resistance formed around 182.760.
– Sells on close below 181.120 targeting Weekly Support formed around 180.660, Leaving Runners to the Monthly Low (August 2023) around 180.400.
– Ideally is to allow the Asian session to form a new range for the new Week ahead and wait for high volume time around Pre London / London session open.
– Buys on close above 181.880 targeting 1h Resistance around 182.200, Leaving Runners to the 4h Resistance formed around 182.760.
– Sells on close below 181.120 targeting Weekly Support formed around 180.660, Leaving Runners to the Monthly Low (August 2023) around 180.400.
– Ideally is to allow the Asian session to form a new range for the new Week ahead and wait for high volume time around Pre London / London session open.
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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.