Daily price is located below Ichimoku cloud on the bearish area of the chart: the price is started with secondary market rally with 1.8434 resistance level to be broken for the rally to be continuing and with 1.8789 resistance level as a nearest bullish reversal target. Alternative? if 1.8789 resistance is not going to be broken on close daily bar so the price will be started on the secondary ranging condition within the primary bearish trend.
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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. ...
Daily price is on the breakout with 100 SMA to be broken to above for the primary bullish market condition: the price was bounced from 0.7993 resistance level for the ranging waiting for the bullish trend to be continuing or for the secondary correction to be started.
Daily price is crossed 100 SMA/200 SMA reversal area for the bearish breakdown: the price was bounced from 1.3522 support level for the possible secondary rally to be started or for the primary bearish trend to be continuing. If the price will break 1.3779 resistance level so the local uptrend as the secondary market rally within the primary bearish condition will be started.If price will break 1.3522 support so the bearish trend ...