mql5

Daily price is on primary bullish market condition located above Ichimoku cloud: the price is testing 1.1217 resistance level for the bullish erversal to be continuing with 1.1376 level as the next bullish target.



Chinkou Span line is above the price indicating the ranging bullish by direction, and Trend Strength indicator and Absolute Strange indicator are evaluating the primary bullish trend to be continuing.

If D1 price will break 1.0814 support level on close bar so the price will be reversed to the bearish market condition.
If D1 price will break 1.1217 resistance level on close bar from below to above so the bullish reversal of the price movement will be continuing.
If D1 price will break 1.1376 resistance level on close bar so the price will be fully reversed to the bullish market condition located to be above Ichimoku cloud in the bullish area of the chart.
If not so the price will be on ranging within the levels.

• Recommendation for long: watch close D1 price to break 1.1217 for possible buy trade
• Recommendation to go short: watch D1 price to break 1.0814 support level for possible sell trade
• Trading Summary: ranging bullish

Resistance	Support
1.1217	1.0814
1.1376	1.0777

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SUMMARY : ranging

TREND : bullish