Weekly price is on ranging condition located inside Ichimoku cloud within 0.9749 resistance level and 0.9323 support level. Absolute Strength indicator is estimating the bullish reversal to be started together with 0.9749 resistance level to be broken to above. If W1 price breaks 0.9749 resistance level on close bar so the bullish reversal will be started. If W1 price breaks 0.9323 support level on close bar so the bearish trend ...
Daily price is located below SMA with period 200 (200 SMA) for the primary bearish market condition: the price is on ranging within narrow s/r levels waiting for the direction. If the price will break 0.9590 resistance level so the daily bullish reversal will be started.If price will break 0.9322 support so the bearish trend will be continuing.If not so the price will be ranging within the levels. ...
AUD/CAD: possible bullish breakout. Intra-day price is breaking Ichimoku cloud to above for the reversal of the price movement from the primary bearish to the primary bullish market condition with 0.9958 key reversal resistance level. Chinkou Span line is located near and below the price to be ready for the breakout, and Absolute Strength indicator is estimating the future trend as the ranging bullish. There are the following news events ...
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