– Also price has established a much better Support on the 4h timeframe around 164.800.
– Buys on close above 165.760 targeting 1h Resistance at 166.250 to retest the 4h previous broken Support that was broken at the New York Session yesterday (23.06.2022) leaving Runners to the next 1h Resistance at 166.830.
– Sells on a close below 165.280 targeting 4h Support at 164.790 leaving Runners to 164.440.
– Retail Sales Data to be released 1h before London Open forecasted at -0.6% (Prev:1.4%).