– I’ll be looking for potential Buys above 211.860 targeting Hourly Resistance at 212.560 Leaving Runners to the 4h previous Support formed at 213.030.
– I’ll be looking for potential Sells below 210.960 targeting 4h Support at 210.460 Leaving Runners to the 15min Support formed at 210.040.
– Looking at the bigger picture, today’s price action has essentially solidified a massive upside rejection on the monthly candle. Despite a mid-month surge that saw the pair target multi-year highs near 215s.