20.12.2021
The resistance level 1.7100 holds investors back. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator. The Stochastic Oscillator signals the overbought conditions.
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Trading idea:
Sell when the descending wave pattern is formed, on the breach of 1.7003.
Stop loss is over the resistance level 1.7100.
Target levels – 1.6890; 1.6650.
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