mql5

Daily price is located below SMA with period 200 (200 SMA) for the primary bearish market condition: the price is on ranging within narrow s/r levels waiting for the direction.

• If the price will break 0.9590 resistance level so the daily bullish reversal will be started.
• If price will break 0.9322 support so the bearish trend will be continuing.
• If not so the price will be ranging within the levels.

Resistance	Support
0.9590	0.9322
0.9871	N/A

• Recommendation to go short: watch the price to break 0.9322 support level for possible sell trade
• Recommendation to go long: watch the price to break 0.9590 resistance level for possible buy trade
• Trading Summary: ranging bearish