Price has been rejecting the 164.00 area on 1hr TF and has now broke that area. Waiting to see if it will now respect it as new support to continue bullish to 164.900. Potential signal to buy if we have a good engulfing candle on 5 or 15 min TF and if price is kept above VWAP. Also need candle to fully close above 164.00. Wait for price action.
Trend Analysis

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