– Monday Daily candle closed Bullish breaking and closing above recent Daily Resistance formed on 3rd April 2024. I’ll be looking for potential Buys above 192.250 targeting 4h previous Support formed on 21st March 2024 around 192.680 and Daily Resistance formed on Wednesday 20th March 2024 around 193.380. I’ll be looking fo potential Sells below 191.680 targeting Daily Support around 191.310 and 4h Support around 190.950. Despite Daily closing Bullish above recent level of Resistance on the higher timeframe, price is still ranging on the lower timeframe as when you break down the chart to the Hourly timeframe you can easily identify price ranging.
