The price bounces from the resistance zone
formed by SMA100 and 0.94000 resistance level
confirms the price reversal. MACD
gives a bearish
signal. If the price breaks the uptrend line, we'll get confirmation for further downward movement and a new sell signal. Entry is below SMA50 and it's 0.93450 level. Stop orders must be placed above the local swing high at 0.94150 level. The main profit target is 0.92600 level. Alternative variant: if the price breaks the resistance zone
, we'll get a trend reversal signal. It will give us a buy opportunity. Pending orders will be placed above 0.94650 level with stop orders below the local swing low and profit targets at the resistance levels.