Ichimoku analysis
Weekly price is on bearish ranging within 1170.06 resistance and 1077.19 support.
Chinkou Span line is located below the price indicating the bearish market condition to be continuing in the future.
Absolute Strength indicator is estimating the ranging condition.
If the price breaks 1077.19 support from above to below so the primary bearish trend will be continuing with good breakdown possibilities; otherwise - ranging.
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