Forecast for Tomorrow - levels for EUR/USD: ranging on reversal

H4 price is on the primary bullish market condition with the secondary breakout: the price broke SMA with period 100 (100 SMA) and SMA with the period 200 (200 SMA) from below to above to stop in the bullish area of the chart near 1.1052 resistance level.

Price is traded within the following key reversal support/resistance levels:

• 1.1052 resistance located above 100 SMA/200 SMA in the primary bullish area of intra-day chart, and
• 1.0878 support located near above 100 SMA/200 SMA on the border between the primary bearish and the primary bullish trend.

If the price will break 1.1052 resistance level on close H4 bar so the bullish trend will be continuing.
If price will break 1.0878 support so the reversal from the primary bullish to the primary bearish market condition will be started with the secondary ranging.
If not so the price will be ranging within the levels.

• Recommendation to go short: watch the price to break 1.0878 support level for possible sell trade
• Recommendation to go long: watch the price to break 1.1052 resistance level for possible buy trade
• Trading Summary: ranging

SUMMARY : ranging

TREND : waiting for direction