– Buys on close above 1716.000 as price breaks above the 4h and 1h Resistance formed during New York Session on Thursday targeting 1h previous Support formed on 6th October 2022 (Thursday) at 1721.100, Leaving Runners to the Daily / 4h Resistance at 1726.400.
– Sells on close below 1707.100 as price breaks the previous Daily candle low and the Strong Support formed and held during London Session and New York Session overlap on Wednesday targeting 4h Support at 1700.000, Leaving Runners to the 1h Support at 1695.500.
– We have a High Impact New ahead for the US Dollar 30min after New York Session opens for Average Hourly Earnings m/m forecasted to stay the same at 0.3%, Non-Farm Employment Change Forecasting : 248k / Previous was 315k, followed by the Unemployment Rate forecasted to remain the same at 3.7%.