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mql5

  1. CAD/JPY Intra-Day Technical Analysis - ranging within 100/200 SMA area waiting for direction

    by , 03-29-2016 at 07:51 AM
    M5 price is located within SMA with period 100 (100 SMA) and SMA with the period 200 (200 SMA) waiting for the direction for the possible breakout or breakdown.

    • If the price will break 86.18 resistance level so we may see the bullish trend to be started on this timeframe.
    • If price will break 85.97 support so the price will be reversed to the primary bearish condition.
    • If not so the price will be ranging within the levels.

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