mql5

W1 price is located between 200 period SMA and 100 period SMA for the ranging market condition within the following key reversal support/resistance levels:

• 2.0418 resistance level located above 100 SMA/200 SMA area in the primary bullish area of the chart, and
• 1.7926 support level located near 200 SMA on the border between the primary bearish and the primary bullish area.

Trend:

• D1 - ranging bearish
• W1 - ranging
• MN1 - correction