– Previous Daily candle closed strong Bullish at 1936.400 respecting Daily Support formed on Tuesday this week.
– Buys on close above 1939.000 targeting 4h Resistance at 1944.500, Leaving Runners to the next 4h Resistance formed at 1950.000 retesting 1950s higher timeframe Key Level.
– Sells on close below 1934.100 targeting 4h previous Resistance formed on 9th August 2023 at 1930.400, Leaving Runners to the 1h previous Resistance formed at 1926.300.
– High impact news ahead of the New York session for ADP Non-Farm Employment Change, Prelim GDP q/q, followed by Prelim GDP Price Index q/q and Pending Home Sales m/m, High Volatility expected during this session.
– Buys on close above 1939.000 targeting 4h Resistance at 1944.500, Leaving Runners to the next 4h Resistance formed at 1950.000 retesting 1950s higher timeframe Key Level.
– Sells on close below 1934.100 targeting 4h previous Resistance formed on 9th August 2023 at 1930.400, Leaving Runners to the 1h previous Resistance formed at 1926.300.
– High impact news ahead of the New York session for ADP Non-Farm Employment Change, Prelim GDP q/q, followed by Prelim GDP Price Index q/q and Pending Home Sales m/m, High Volatility expected during this session.
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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.