GBPJPY Technical Analysis 06.06.2023 1h chart
– Previous Daily candle closed Bearish at 173.560 forming Daily Resistance around 174.130.
– Buys on close above 173.760 targeting Daily Resistance formed at 174.130, Leaving Runners to the 30min Resistance formed at 174.370
– Sells on close below 173.010 targeting 1h Support at 172.680, Leaving Runners to the 4h Support formed at 172.300.
– The Daily Low formed on Monday this week at 172.850 could be retested if price respect Daily Resistance formed around 174.130.
– Buys on close above 173.760 targeting Daily Resistance formed at 174.130, Leaving Runners to the 30min Resistance formed at 174.370
– Sells on close below 173.010 targeting 1h Support at 172.680, Leaving Runners to the 4h Support formed at 172.300.
– The Daily Low formed on Monday this week at 172.850 could be retested if price respect Daily Resistance formed around 174.130.
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