EUR/USD Intra-Day Technical Analysis - bullish reversal or the bearish to be continuing

H1 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the ranging market condition within the following key support/resistance levels:

• 1.1121 key resistance level located near below 100-SMA/200-SMA on the border between the primary bearish and the primary bullish on the chart, and
• 1.0996 key support level located on the bearish area of the chart.
  

RSI indicator is estimating the ranging market condition, and the price is waiting for the bullish reversal or for the bearish trend to be continuing.

• If the price will break 1.1121 resistance level on close bar so the bullish reversal of the price movement may be started.
  
• if price will break 1.0996 support so the bearish trend will be continuing.
  
• if not so the price will be ranging within the levels.
  

• Recommendation to go short: watch the price to break 1.0996 support level for possible sell trade
• Recommendation to go long: watch the price to break 1.1121 resistance level for possible buy trade
• Trading Summary: ranging bearish
  

SUMMARY : ranging bearish