mql5

Weekly price is located below Ichimoku cloud in the primary bearish area of the chart: the price is on bearish breakdown for 1.2856 support level to be tested to below for the bearish trend to be continuing.



If W1 price breaks 1.3412 resistance level on close bar so the local uptrend as the bear market rally will be started.
If W1 price breaks 1.2856 support level on close bar so the bearish breakdown will be continuing.
If not so the price will be on bearish ranging within the levels.