mql5

Daily price is located below 200-day SMA and 100-day SMA for the bearish breakdown: the price broke key support levels together with 100-SMA/200-SMA to be reversed from the primary bullish to the primary bearish market condition with 95.66 bearish target to re-enter.

• If price will break 95.66 support so the bearish trend will be continuing.
• If not so the price will be on bearish ranging within the levels.

Resistance	Support
97.48	95.66
100.51	93.81

• Recommendation to go short: watch the price to break 95.66 support level for possible sell trade
• Recommendation to go long: N/A
• Trading Summary: bearish

SUMMARY : breakdown

TREND : primary bearish market condition