– Buys on close above 160.070 as price breaks above recent 1h Resistance targeting 4h Resistance at 160.600, Leaving Runners to the 1h Resistance at 160.880.
– Sells on close below 159.480 as price breaks below 1h Support formed at Pre New York session open on Wednesday targeting 1h Support at 159.170, Leaving Runners to the current Weekly Low targeting a Wick Fill at 158.600.
– The current Weekly candle broke through 3 Weekly Supports formed on 10th October, 14th November and 5th December 2022. in result of Bank Of Japan’s surprise decision on government bond rise to 0.5% from 0.25%, Will be interesting to see if the current weekly candle close above Weekly Support formed on 10th October 2022 at 161 level.