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Previous Weekly candle closed weak Bearish at 193.870 leaving a huge Rejection wick to the upside. Friday Daily candle also closed weak Bearish. I'll be looking for potential Buys above 194.120 targeting 4h Resistance formed at 194.750 Leaving Runners to the Hourly Resistance formed at 195.300. I'll be looking for potential Sells below 193.600 targeting 4h Support at 193.100 Leaving Runners to the Daily Support formed on 3rd October 2024 around 192.600. Despite Weekly closing weak Bearish there is still a good probability for price to retest recent Weekly Support around the 190 level.
