In case of a break, we forecast 114.85 and 114.95 in intraday session.A weekly close above 115.00 opens further to 115.50 and 116.00 to the next week. On a monthly basis, 115.50 is the key to 118.00 levels.
Supports finds at 113.50, 113.30 and 112.90. A move below 112.70 needed to retrace further to 112.30, 112.00 and 111.70.
Supports finds at 113.50, 113.30 and 112.90. A move below 112.70 needed to retrace further to 112.30, 112.00 and 111.70.
Trade closed manually:
False breakout