Daily price was bounced from resistance level at 1.3712 to below for the secondary correction within the primary bullish trend to be started. The price is testing descending triangle pattern with 1.3433 support ot below for the support level at 1.3343 as the next possible target for the primary bearish reversal. Alternatively, the price will be on secondary ranging near and above Ichimoku cloud waiting for direction of the strong trend to be started. Trading Summary: correction to the possible bearish reversal.
2026.02.21 07:11
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Finally, the price broke 1.3433 support level to below for the primary bearish reversal. The price is on ranging within new support level at 1.3343 and the lower band of Ichimoku cloud for the bearish trend to be continuing or for the secondary ranging condition to be started.
Trading Summary: daily ranging bearish
The daily bearish reversal is going on right now: Chinkou Spam line is crossing the historical price to below for the good bearish breakdown, and the price is breaking the Ichimoku cloud together with 1.3343 support level with 1.3314 as the next possible target.