– Previous Daily candle closed Bearish at 181.480 forming Daily Resistance around 181.850.
– Buys on close above 182.030 targeting the previous Weekly Support formed on 5th October 2015 at 182.320, Leaving Runners to the previous Daily Support formed on 16th December 2015 at 182.890.
– Sells on close below 181.220 targeting 30min previous Resistance formed around 180.680, Leaving Runners to the 1h Support formed at 180.250.
– As Daily formed Resistance it would be good to have price retrace on the higher timeframe and form Support and a new Range to then retest the current Highs to play the overall higher timeframe Bullish trend.
– Buys on close above 182.030 targeting the previous Weekly Support formed on 5th October 2015 at 182.320, Leaving Runners to the previous Daily Support formed on 16th December 2015 at 182.890.
– Sells on close below 181.220 targeting 30min previous Resistance formed around 180.680, Leaving Runners to the 1h Support formed at 180.250.
– As Daily formed Resistance it would be good to have price retrace on the higher timeframe and form Support and a new Range to then retest the current Highs to play the overall higher timeframe Bullish trend.
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