– Buys on close above 161.720 targeting 4h / 1h Resistance formed at 162.000, Leaving Runners to the 1h Resistance formed at 162.250.
– Sells on close below 161.850 targeting Daily Support formed at 160.490, Leaving Runners to the 4h Support formed at 160.150.
– Overall bias is still Bullish as the Monthly, Weekly and Daily timeframe still Bullish, we just need more volume in the market to break above those zones, We also have Flash Manufacturing PMI and Flash Services PMI data during the London session.