Overview
Yesterday, the pair failed to break the Support area at 150.30-151.00 to reverse its bearish movement taking an upward move and managed to break the Resistance level of 152.15. Currently, it is trading above it. Considering that the pair continues its bullish movement and closes 4H above the Resistance level of 152.85. It would be another opportunity for more bullish signals with the first target few pips below the Resistance level of 153.45. Then we should wait for breaking above this Resistance level to get more bullish signals towards the Resistance level of 154.00 as the second target.
Resistance and support levels: R3 (153.45), R2 (152.85), R1 (152.15), S1 (151.00), S2 (150.30), S3 (149.50).