– Buys on close above 165.480 targeting 1h Resistance at 165.820 leaving Runners to 1h previous Support from (20.04.2022) at 166.420.
– Sells on close below 165.170 targeting 30min Support at 164.900 leaving Runners to 4h previous recent broken Resistance at 164.440 to retest the broken resistance.
– As mentioned in yesterday’s analysis the Buys are more likely to play out as the Monthly and Weekly High were broken within the 1st trading day of the week, Price is at Weekly Resistance but on the Daily we still have a clean range on the left to at least 166.400 where 4h previous Support have rejected that level.