TechnoMeter

Daily price is on primary bearish market condition with the local uptrend as the secondary bear market rally: the price is breaking Senkou Span line (which is the virtual border between the ranging bearish and the primary bullish trend on the daily chart) for the bullish reversal to be started. The symmetric triangle pattern was crossed to above for the possible breakout, and Absolute Strength indicator is estimating the ranging condition to be continuing.

Resistance	Support
36.94	32.33
38.93	29.22

• if weekly price breaks 36.94 resistance so the reversal of the daily price movement from the primary bearish to the primary bullish market condition will be started;
• if weekly price breaks 32.33 support level so the primary bearish will be continuing without ranging up to the new 'bottom' to be forming;
• if not so the price will be moved inside Ichimoku cloud within the level.