Finally, the price broke support level at 78.27 to below for the primary bearish reversal.
The resistance level at 352.8 was broken to above. The bullish breakout is going to be continuing.
The price is located to be inside Ichimoku cloud and within 30.96/32.90 s/r channel waiting for the direction of the bullish reversal to be started or for the bearish trend to be continuing.
The price is still on bullish ranging within 1.3158/1.3658 as the new s/r channel waiting for direction of the secondary correction to be started or for the strong bullish trend to be continuing.
The price is still located above 200 SMA in the bullish area of the chart: price is testing the new resistance level at 119.92 for the bullish trend to be continuing.
The price is on ranging within Ichimoku cloud for direction.
The price is located to be near and around the level at 17.868 and Chinkou Span line is still going to be crossed the historical price to below.
Trading Summary: wait for the bearish breakdown validation.
The price broke 0.6727 resistance to above for the bullish trend to be continuing and with 0.7277 as the next resistance level for possible re-enter for example.
Price is on ranging to be near and aroud 157.96 level waiting for the primary bullish trend to be continuing or for the secondary correction to be started.
The price broke 1.3645 support level to below for the secondary correction to be started in the ranging market condition. Conclusion: still bullish.
Weekly price is still on the secondary ranging within 1.1490/1.1808 support-resistance channel at to be near and above Ichimoku cloud.
The price is breaking Ichimoku cloud together with support level at 251.21 to below for the primary bearish reversal.