– Buys on close above 166.540 as price breaks above Hourly Resistance formed at London Close targeting 4h previous Support at 166.900, Leaving Runners to the 15min Resistance at 167.250.
– Sells on close below 165.950 on the break of the previous Daily Low targeting 1h Support at 165.520, Leaving Runners to the Monthly previous Resistance formed on July 2022 at 165.220.
– The trade idea posted on yesterday’s analysis are still active as price is respecting recent Daily Resistance formed on Tuesday and move up on price is just the Weekly candle forming the upper wick, currently price is likely to retest the Daily Support formed on Friday the 4th November 2022 at 165.370.