Overview
From today's 4H chart and as it was expected yesterday, we can see that the pair might take a new bullish signals in case of closing 4H above the resistance level of 157.45 after it was tested yesterday. Today, the pair has tried more than once to break it through and currently the price is already trading above the resistance level. More bullish signals are still expected in case of closing above this resistance level with the first target a few pips below the resistance level of 158.30, hence we should wait for more confirmations before making the decision.
Resistance and support levels: R3 (158.80), R2 (158.30), R1 (157.45), S1 (156.75), S2 (156.00), S3 (155.20).
