We’re monitoring the 194.1 level for potential short opportunities. While buyers have been in control, momentum is beginning to show signs of slowing down, suggesting the current uptrend may be running out of steam.
Price is starting to form a potential top near a key resistance zone. If this level holds, we could see a pullback in the coming session
Our approach? Look to sell into strength—specifically around the 194.1 resistance, which aligns with our custom zone. As always, we’ll wait for confirmation and let the market lead.
This is a short bias with caution—if price breaks and holds above, we’ll step aside.