– Thursday Daily candle closed weak Bullish around 2343 level rejecting the 2325 area forming Daily Support formed around 2328.000. I’ll be looking for potential Buys above 2348.700 targeting 4h Resistance around 2358.400 and Hourly Resistance around 2368.000. I’ll be looking for potential Sells below 2335.000 targeting Daily Support around 2328.000 Leaving Runners to the previous 4h Resistance formed on 8th May 2024 around 2320.000. High Impact News ahead of the New York session for the US Dollar starting with Core PCE Price Index m/m and Chicago PMI. Will be focused on how the Monthly and Weekly candle for May closes, As of now the Monthly has retraced massively rejecting the previous Monthly High level so we might see some heavy pullbacks on the higher timeframe to the 2300s and 2240s.
