The overall trend is downward. The currency pair is trading in the upper edge of the descending price channel. An ascending truncated H2 level pattern has formed. A bearish divergence has formed on Awesome Oscillator.
: monitor the price movement in real time.
Trading recommendations:
Sell …
The price pivot zone of 38.10 holds back sellers. Awesome Oscillator shows a bullish divergence. The nearest resistance level is 38.70.
: monitor the price movement in real time.
Trading recommendations:
Buy above 38.70.
Stop Loss under the support level 38.10.
Target levels: 40.00; 41.10.