Daily price broke 200 SMA to below for the primary weekly bearish reversal to be started. The price is located near and below 200 SMA trying to cross the support level at 27.21 to below for the primary bearish trend to be continuing. Alternatively, the price will be on ranging waiting for direction of the bearish trend to be continuing or for the bullish trend to be resumed. Recommendation: waiting for direction
Weekly price broke 200 SMA to above for open W1 bar for now for the possible bullish trend to be resumed. The price is still on the secondary ranging waiting for the direction of the bearish reversal to be continuing or for the bullish trend to be resumed.
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Weekly price broke 200 SMA to above for open W1 bar for now for the possible bullish trend to be resumed. The price is still on the secondary ranging waiting for the direction of the bearish reversal to be continuing or for the bullish trend to be resumed.