The pair is in a short-term downtrend amid the falling demand for risky assets as a result of the outbreak of the coronavirus pandemic in China and the extinct epidemic in the US. But today, it can recover due to the growth in the stock market in China and …
The support level of 191.60 is holding back sellers. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator shows the intersection of moving averages in the oversold zone. A breakout of 196.10 will result in the formation of an ascending 1-2-3 pattern.
Trading recommendations:
Buy above 196.10. …
The overall trend is upward. The descending truncated pattern of the H2 level has formed in the wave (C), where the truncated pattern of the H1 level was also formed. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending …
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