– Buys on close above 161.060 targeting 1h Resistance at 161.330, Leaving Runners to the 4h Resistance at 161.700.
– Sells on close below 160.350 targeting the 4h previous Resistance formed on 4th January 2023 at 160.000, Leaving Runners to the 4h Support at 159.590.
– Targets for Buys remains the same level as the Analysis posted for Tuesday trading sessions, but the Selling point have been adjusted slightly by 4 Pips, it is also important to pay attention to the 1h Support that was formed at 160.190 during the Asian session as price broke below Support then formed another Support and retraced back into the Range (Fakeout).