mql5

Daily price is on bearish reversal with the breakdown which was started in the middle of the last week: the price is testing 0.9751 support level for the breakdown to be continuing. Chinkou Span line crossed the price to below for the bearish trend, and Absolute Strength indicator is estimating the bearish breakdown to be continuing in the near future.

If D1 price will break 0.9751 support level on close bar so the bearish trend will be continuing.
If D1 price will break 0.9961 resistance level on close bar so the price will be reversed back to the bullish market condition.
If not so the price will be on ranging within the levels.

• Recommendation for long: watch close D1 price to break
  0.9961
  for possible buy trade
• Recommendation to go short: watch D1 price to break 0.9751 support level for possible sell trade
• Trading Summary: bearish breakdown

Resistance	Support
0.9961	0.9751
1.0053	0.9596

SUMMARY : bearish

TREND : breakdown