Looking at the chart the 150.000 level has been strong for quite some time, anytime it has dipped below it usually recovers high quite well, looking to see this climb up for a 21RR trade in the coming days.
Waiting for a rejection on the white line before entry.
Looking at the chart, we have seen within the blue box 4 touches of this level. This is filling the retail traders with confidence that a breakout below which is what's just occurred will continue that trend.
Nice long candle this morning clearing the liquidity on buys and now that people are putting on sells they will push the price back up to clear those stops...