Bullish Rise

Key Levels:
Resistance: 148.125
Pivot: 144.475
Support: 141.150

Preferred Case:
On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.475 to the 1st resistance at 148.125 where the 127.2% fibonacci extension is.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to the 1st support at 141.150 where the overlap support is.

No Major News