Bullish Rise

Key Levels:
Resistance: 147.900
Pivot: 144.275
Support: 141.100

Preferred Case:
On the H4, with price moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 144.275 to the 1st resistance at 147.900 where the 127.2% fibonacci extension is.

Alternative Scenario:
Alternatively, price could break pivot structure and drop to the 1st support at 141.100 where the overlap support is.

No Major News