27.10.2022
The general trend is ascending. The currency pair is trading in the range of 365 and 135 moving averages. A support level of 10.9063 restrained the sellers. The descending wave structure ended with the breakdown of the inclined channel.
Trading idea:
Buy on a breakout of 10.9600.
Stop Loss: 10.9063.
Target levels: 11.0258; 11.0800.
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