. A 4hr Quasimodo resistance level lurking just above the 4hr supply zone at 0.9519 is just begging for price to fake higher.
2. A Harmonic AB=CD pattern completes right at the point of our 4hr Quasimodo resistance level.
3. Check out the round number 0.9500 (the upper limit of the 4hr supply area) positioned just below the 4hr Quasimodo level. A push above this hurdle will likely take out buy stops, which well-funded traders will want to sell into.
4. Notice from the daily timeframe price has NOT YET connected with daily supply at 0.9597-0.9502, thus leaving room for a further push north.
5. As per the weekly timeframe, we can see that price is now only a few pips away from greeting the weekly swap level at 0.9512 (encompassed by the aforementioned daily supply area), again leaving room for further buying.