– Buys on close above 165.350 as price breaks above the 4h / 1h Resistance targeting 1h Resistance formed at 165.610 leaving Runners to 165.860.
– Sells on close below 164.920 as price breaks below 1h Support targeting the next 1h Support at 164.540 leaving Runners to 4h Support formed at 164.270.
– Current Weekly candle rejecting the Highs printed In April and June 2022, Daily Resistance was formed on (22.06.2022) around 167.900 which is the Rejection point of the current Weekly High, so there is a higher probability for the price to correct some of the Bullish moves that happened on the previous Weekly candle to at least 163.200 area to retest the Strong Daily Resistance formed on (10.08.2022).