Bullish Rise

Key Levels:
Resistance: 1143'0
Pivot: 1123'0
Support: 1105'2

Preferred Case:
With price moving above the Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 161.8% Fibonacci extension from our pivot in line with the horizontal pullback support and 23.6% Fibonacci retracement.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support in line with the 61.8% Fibonacci retracement.

No Major News