H4 price is located below 100 SMA/200 SMA in the bearish area of the chart: the price is on secondary rally to be started on Friday with 0.7355 resistance level to be broken to above for the rally to be continuing. Alternative, the price will be on bearish ranging within the levels.
The weekly price is on ranging within Ichimoku cloud for the waiting for direction: the price is located inside 0.7362 resistance and 0.7031 support levels. If the price breaks one of those levels on close weekly bar so the bullish/bearish trend will be started, otherwise - ranging.
W1 price broke yearly Central Pivot at 0.7241 to below to the reversal for the primary bearish market condition. The price is testing 0.7062 support level for the bearish trend to be continuing. Instrument S1 Pivot Yearly PP R1 Pivot ...
Weekly price is located below SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) for the primary bearish market condition. The price is ranging within 0.7547 bullish reversal resistance level and 0.6750 support level with the symmetric triangle pattern to be formed for the direction. If the price will break 0.7547 resistance level so we may see the bullish reversal to be started on this timeframe with the secondary ranging condition.If price will break 0.6750 ...
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