– Previous Daily candle closed Bearish at 1994.700 forming Daily Resistance at 2005.100 as Wednesday Daily candle made a low at 1969.300 tapping into the Weekly Support formed from the beginning of the Month (April).
– Buys on close above 1997.400 targeting 1h Resistance at 2004.500, Leaving Runners to the Weekly Resistance formed at 2008.500.
– Sells on close below 1988.700 targeting 4h Support at 1980.100, Leaving Runners to the 30min previous weak Resistance formed at 1974.300.
– High Impact News day ahead for the US Dollar starting with Unemployment Claims, Philly Fed Manufacturing Index, Existing Home Sales, Treasury Sec Yellen due to speak about US-China Economic Ties at the Johns Hopkins University’s School of Advanced International Studies in Washington, We also have FOMC Member Waller delivering a speech titled “Cryptocurrency and Central Banks” at an event hosted by the Global Interdependence Center in Sarasota.