Good morning traders!
During Asia:
Price retested the 4775 zone, printing the Asia low at 4772, before finding support and pushing back up into the 4820 area.
Currently during London:
Price broke above the Asia high and tested the 4836–4840 zone on three consecutive hourly candles before showing rejection and pulling back below the Asia high.
What I’m watching now:
Price is currently trading around the 4821 area.
• Acceptance below 4820 opens the door to 4803–4797.
• A break below that opens a retest of 4775–4765.
• If 4821 holds as support, a retest of 4840 is possible.
• A clean break above 4840 opens the door toward the 4850–4855 zone and potentially 4860–4867.
Let’s see what pre-New York brings. We also have red-folder news later today, so volatility is expected.
During Asia:
Price retested the 4775 zone, printing the Asia low at 4772, before finding support and pushing back up into the 4820 area.
Currently during London:
Price broke above the Asia high and tested the 4836–4840 zone on three consecutive hourly candles before showing rejection and pulling back below the Asia high.
What I’m watching now:
Price is currently trading around the 4821 area.
• Acceptance below 4820 opens the door to 4803–4797.
• A break below that opens a retest of 4775–4765.
• If 4821 holds as support, a retest of 4840 is possible.
• A clean break above 4840 opens the door toward the 4850–4855 zone and potentially 4860–4867.
Let’s see what pre-New York brings. We also have red-folder news later today, so volatility is expected.
Trade ativo
Update: The 4821 zone held as support, followed by the continuation up into the 4840, 4855 and 4867 levels
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.