194.95: Major rejection/resistance area 162: Major bounce/support area Mid-range: ~178.5
If price approaches 190–195 and rejects: ➡️ Short setup can target 185 → 175 → 162. If price drops toward 162 and gives a clear bullish reaction: ➡️ Long setup can target 175 → 185 → 195.
Breakout scenario: Clean 4H/1H close above 195 + retest hold → structure turns bullish toward higher levels. Clean break below 162 + failed retest → bearish continuation becomes more likely
Analysis: 0.0658–0.0660 is the key support area for this setup. Holding above 0.0660 supports a move toward 0.0685 and 0.0705. A clean break above 0.0705 could extend toward 0.0730–0.0760. Below 0.0638, the long setup is invalid.
Analysis: 0.0658–0.0660 is the key support area for this setup. Holding above 0.0660 supports a move toward 0.0685 and 0.0705. A clean break above 0.0705 could extend toward 0.0730–0.0760. Below 0.0638, the long setup is invalid.