– Previous Daily candle closed Bearish at 166.220 forming Daily Resistance at 166.720 as price respect Daily Resistance formed on 13th September 2022.
– Buys on close above 166.450 targeting Daily Resistance at 166.720, Leaving Runners to the 1h / 30min Strong Resistance at 167.010.
– Sells on close below 165.970 as price break below 15min Support targeting 1h Support at 165.570, Leaving Runners to the next 1h Support / Daily Wick Fill at 165.050 as Friday Daily candle formed Resistance.
– Overall the current Monthly candle is extremely Bullish almost filling the Weekly Rejection wicks from the current Yearly High, Better confirmation for further Buys is for the price to form a bottom wick retesting the Rejection level on the Daily at 164.440.