The pair broke above the resistance level of 1.3310 amid the positive overall sentiment in the markets, as well as the hopes concerning the renewed Brexit negotiations.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI under the overbought zone is …
A descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence. The pivot of the 2 wave C H4 is broken by the formation of the assumed wave (A) of the ascending pattern. A breakout of the resistance level of 1.3096 will result in the formation of …
The overall trend is upward. The stock is trading in the range of the lower limit of the accumulation zone. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
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