1Finance

Daily price is breaking Senkou Span line for the possible breakdown: the price is crossing 109.04 support level to below on open daily bar for now for the reversal of the price movement from the ranging bullish to the primary bearish market condition.
Absolute Strength indicator is estimating the bearish trend to be started, and Chinkou Span line is already broke the price to below for the good breakdown in the near future to be continuing.

If D1 price will break 109.04 support level on close daily bar so the reversal of the price movement from the ranging bullish to the primary bearish market condition will be started.
If D1 price will break 111.87 resistance level on close bar so the bullish trend will be resumed without ranging.
If not so the price will be on ranging within the levels.

• Recommendation for long: watch close D1 price to break 111.87 for possible buy trade
• Recommendation to go short: watch D1 price to break 109.04 support level for possible sell trade
• Trading Summary: bearish breakdown

Resistance	Support
111.44	109.04
111.87	105.68

SUMMARY : breakdown

TREND : daily bearish