– Buys on close above 169.570 targeting 1h Resistance and the previous Daily High at 170.020, Leaving Runners to the previous Monthly Support formed in July 2014.
– Sells on close below 169.000 as price breaks the previous 4h resistance Low targeting 15min Support formed at 168.580, Leaving Runners to the 30min Support formed at 168.120 at New York Session Open.
– As price made a new 6 Year High (Since Feb 2016) there is a higher probability for price to retrace to 168.200 to retest the broken Daily Resistance Zone and form Support to then retest the recent Highs forming a newer Price Action.