Price already moved about +260 pips long for the day and is retesting a major resistance at 164.656. now price could go for some small retracements to retest 163.494 or 162.672.
And if price breaks & closes above the resistance at 164.656, then it can push up all the way to next resistance at 166.180.
And if price breaks & closes above the resistance at 164.656, then it can push up all the way to next resistance at 166.180.