Weekly price is below Ichimoku cloud for the ranging within 1.2695/1.3126 support/resistance channel. If the price breaks support at 1.2695 to below so the primary bearish trend will be continuing. If the price breaks the 1.3126 resistance to above so the bullish reversal will be started. If not so the price will be on ranging within s/r channel waiting for direction.
2026.01.10 13:39
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Chinkou Span line of Ichimoku indicator broke historical price to below, and the weekly price broke support at 1.2695 - for the good bearish breakdown. The next bearish possible target is 1.2584.