The overall trend is upward. The currency pair is trading in the range of the round important level 0.8900. Breaking through the round secondary level of 0.8920 will result in the formation of an ascending pattern of 1-2-3. Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy above the round …
The Australian dollar rose by more than one percent during the Asian session to witness its highest since February 13 against the US dollar, following developments and economic data that were reported by the Australian economy and the Chinese economy as Australia's largest trading partner and on the cusp of …
The single currency fluctuated the euro in a narrow range slashing up during the Asian session to witness its stability near the top in more than two months against the US dollar on the cusp of developments and economic data expected on Monday by the economies of the euro area …
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