mql5

Daily price is on ranging market condition within the following key reversal support/resistance levels:

• 0.6752 key resistance level located above Ichimoku cloud in the primary bullish area of the chart, and
• 0.6562 key support level located below Ichimoku cloud in the primary bearish area of the daily chart.

Chinkou Span line is indicating the ranging condition to be continuing, and Trend Strength indicator is estimating the bullish trend to be started in the future..
If D1 price will break 0.6562 support level on close bar so the bearish trend will be started.
If D1 price will break 0.6752 resistance level on close bar from below to above so we may see the bullish trend on daily timeframe for this pair.
If not so the price will be on ranging within the levels.

• Recommendation for long: watch close D1 price to break 0.6752 for possible buy trade
• Recommendation to go short: watch D1 price to break 0.6562 support level for possible sell trade
• Trading Summary: bearish rally to the bullish reversal

Resistance	Support
0.6752	0.6562
N/A	0.6461

SUMMARY : ranging for direction

TREND : ranging