The overall trend is downward. The resistance level of 151.00 held back buyers. If the price fixes below the support level of 145.00, it will decline further. Stochastic Oscillator also signals overboughtness.
Trading recommendations:
Sell below 145.00.
Stop loss: 151.00.
Target levels: 139.50; 131.00.
: …
The has pair turned down amid the falling demand for risk assets. At the same time, it's still trading within the range of 1.0760–1.1015, where it’s likely to remain for the next week. The pair will be under pressure today.
Technical side:
The price is below the middle Bollinger …
The support level 1.7847 is holding back sellers. A descending truncated pattern was formed. A bullish divergence has formed on Awesome Oscillator.
Trading recommendations:
Buy when an ascending wave pattern is formed, where wave A breaks through the inclined channel of a descending truncated pattern.
Stop loss: 1.7847.
Target …
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