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D1 price is on primary bearish market condition with the secondary ranging: price is located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart.

• The price is ranging within 2.0947 resistance level and 2.0469 support level.
• Symmetric triangle pattern was formed by the price to be crossed for direction of the trend.
• Tenkan-sen line is above Kijun-sen line of Ichimoku indicator for the primary bullish market condition.
• Chinkou Span line is located above the price for the ranging bullish condition to be continuing.
• Nearest support levels are 2.0469 and 1.9847.
• Nearest resistance levels are 2.0861 and 2.0947.

If daily price will break 2.0469 support level on close D1 bar so the local uptrend as the secondary correction within the primary bullish condition will be started with the good possibility to the bearish reversal.
If daily price will break 2.0947 resistance level so the primary bullish trend will be continuing.
If not so the price will be ranging between the levels.

• Recommendation to go short: watch the price to break 2.0469 support level for possible sell trade
• Recommendation to go long: watch the price to break 2.0947 resistance level for possible buy trade
• Trading Summary: ranging

Trend:

D1 - ranging bullish