The price was bounced from 58.55 support to above for the bear market rally to be started.
Ascending triangle pattern was broken to above with the resistance at 1.3534. For now, the price is testing the resistance at 1.3869 for the bullish trend to be continuing, otherwise - the secondary ranging to correction for example.
Weekly price already broker resistance at 83,98 to above on close weekly for the bullish breakout to be continuing with 119.43 as the next possible target to re-enter.
Weekly price broker 4550 resistance level to above for the 5597 level as the next possible target. Alternatively, the price will be on ranging for direction.
The price broke resistance level at 1.1808 on weekly close bar to above for the bullish trend continuation. Price is testing the resistance at 1.2082 as the next possible target, otherwise - ranging for direction.
The weekly price broke 1.3567 resistance to above for the good bullish breakout. For now, the price is wide ranging within 1.3645/1.3869 s/r channel for direction.
- If the price breaks resistance at 1.3869 to above so the primary bullish trend will be continuing.
- if the price breaks 1.3645 support to below so the secondary correction within the primary bullish trend will be started.
Daily price broke Ichimoku cloud to be below for the primary bearish reversal. The price is testing the support level at 152.08 to below for the 150.27 as the next possible target to re-enter.
Alternatively, the price will be on ranging for direction.
The weekly price came back to 150.27/157.96 s/r channel waiting for direction.
Price broke 0.7861 support to below for support level at 0.7605 to be crossed for the primary bearish trend to be continuing. Alternatively, the price will be on ranging within 0.7605/0.7727 s/r level waiting for the bear marjet rally to be started or for the strong bearish trend to be continuing.
The price broker 1.1615/1.1804 s/r channel to above for the new levels to be appeared: for now, the price is on ranging within 1.1918/1.2082 s/r channel waiting for the direction of the secondary correction to be started ro for the bullish trend to be continuing.
Weekly price is breaking the resistance at 8886 for the 8993 as the next possible target.