From the downside comes a support at 0.382 retracement and psychological barrier of 104.00, from the upside a high from 2 days ago and a 4 hour 200 bar Moving Average. Trade between these post take profit somewhere in the middle. Whenever you see a break on hourly chart that breaks above these floor and ceiling it should be a start or a new bearish/bullish move.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.