AUDUSD Intra-Day Technical Analysis - waiting for direction to break the levels

M5 price is on ranging market condition near 200 period SMA (200-SMA) and 100 period SMA (100-SMA) between 0.7153 bullish key resistance level and 0.7101 bearish key support level:

• The price is ranging between 0.7101 key support and 0.7153 key resistance levels.
• 100-SMA and 200-SMA are moved to be very close to each other for the breakout/breakdown in any direction.
• If the price breaks 0.7153 bullish key resistance level so the bullish intra-day trend will be cobntinuing.
• If the price breaks 0.7101 bearish key support level so we may see the reversal of the price movement to the primary bearish market condition.

• Recommendation for long: watch close price to break 0.7153 for possible buy trade
• Recommendation to go short: watch the price to break 0.7101 support level for possible sell trade
  
• Trading Summary: ranging

SUMMARY : breakout/breakdown