Aeroflot continues its descending path after breaching the support 68.30 and moving towards the level of 50.60, which is the target for the downside movement.
The price continues moving below the moving averages 507-20- which moves in a bearish order above the price near the 68.31 resistance level and pressures …
The historic support level of 43.70 held back sellers. Stochastic Oscillator signals oversold conditions. A breakout of 46.09 will result in the formation of a 1-2-3 ascending pattern.
monitor the price movement in real time.
Trading recommendations:
Buy on breakout of 46.09.
Stop Loss: 43.70.
Target …
The currency pair is located at the lower border of a flat range. The descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
monitor the price movement in real time.
Trading recommendations:
Buy when an ascending …
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