Type:
Bullish Rise

Key Levels:
Resistance: 721’0
Pivot: 667’4
Support: 641’0

Preferred Case:
On the H4, with price moving above the ichimoku indicator and along the ascending trendline , we have a bullish bias that price will rise from the pivot at 667’4 where the pullback support is to the 1st resistance at 721’0 in line with pullback resistance and 161.8% fibonacci extension.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to 1st support at 641’0 where the pullback support and 38.2% fibonacci retracement are.

Fundamentals:
No Major News