– I’ll be looking for potential Buys above 211.270 targeting Hourly Strong Resistance at 211.700 Leaving Runners to the 30min Resistance formed at 212.100.
– I’ll be looking for potential Sells below 210.810 targeting 4h Support at 210.250 Leaving Runners to the 4h Wick Fill formed at 209.750.
– Strong bearish close on the weekly, with the drop sparked by the BOJ as Governor Ueda signalled further rate hikes if inflation and economic data continue to meet expectations. Markets aggressively repriced the outlook, adding strong bearish pressure. Will this momentum continue into next week?