D1 : Global picture is showing a downtrend channel still in place. In addition, for the time being, the ongoing recovery attempt price action failed, so far, to recover above Kijun-Sen (47275) which is the first level to break in order to neutralise the remaining bearish price action. A move above Kijun-Sen would be the first step to confirm a potential further upside move, as above Mid Bollinger Band (49523) which worked perfectly well in the past as a very important support level (leading indicator !), should be seen, now, as a strong resistance to break to change the mode from bearish to bullish. Watch H4 for clues.
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