mql5

Daily price is on bullish market condition located near and above 100-day SMA (100 SMA) and 200-day SMA (200 SMA) for the ranging within the following key s/r reversal levels:

• 2052.09 resistance level located above 200 SMA/100 SMA ranging area of the chart, and
• 2004.58 support level located near and below 200 SMA in the beginning of the bearish area.

RSI indicator is estimating the ranging bullish trend to be continuing.

• If the price will break 2052.09 resistance level so the bullish trend will be continuing.
• If price will break 2004.58 support so the reversal of the price movement from the primary bullish to the primary bearish market condition will be started.
• If not so the price will be ranging within the levels.

Resistance	Support
2052.09	2004.58
2116.27	1859.38

The Medium-Term Strategy: watch close daily price to break 2052.09 resistance to above or 2004.58 support to below for possible buy or sell trade.