XAG/USD: ranging on bullish reversal. This pair is on ranging market condition within 16.18 resistance level and 13.96 support level. The 'reversal' 16.18 level is located near and below Ichimoku cloud and Senkou Span line so if the price crosses this level from below to above - we may see the reversal of the price movement from the primary bearish to the primary bullish market condition with the secondary ranging (price will be inside Ichimoku cloud). Chinkou Span line is started to break the price from below to above for good possible breakout so the bullish reversal for this pair is very likely in the near future for example.
| Resistance | Support |
|---|---|
| 16.18 | 14.26 |
| 17.75 | 13.96 |
