The 0.9087 support level is holding back sellers. The downward truncated pattern ended with the breakout of an inclined channel. A breakout through the resistance level of 0.9125 will result in the formation of an ascending wave pattern within the wave C of an ascending H4 level pattern. A …
After the news about the possible no-deal Brexit, sterling may come under pressure. So far, the pair is holding the 1.3220 level, but the situation may worsen.
Technical side:
The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the 50% level …
The single currency, the euro, fluctuated in a narrow, bullish range during the Asian session against the US dollar on the cusp of economic developments and data expected today, Wednesday, by the economies of the euro area as a whole and the US economy, the largest economy in the world, …
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