Bullish Rise

Key Levels:
Resistance: 1132'6
Pivot: 1106'4
Support: 1084'4

Preferred Case:
With price breaking above the Ichimoku cloud and making a new high on the donchian channel, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance and 100% Fibonacci projection from our pivot in line with the pullback support.

Alternative Scenario:
Alternatively, price may break pivot structure and head for 1st support in line with the 50% Fibonacci retracement.

No Major News