The overall trend is downward. The inclined channel of the ascending structure is broken. A Bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the price pivot zone of 288.0 will result in the formation of a descending 1-2-3 pattern.
Trading recommendations:
Sell below …
The overall trend is downward. A start fractal has formed below 135 moving average, and breaking through the start fractal will result in the formation of a descending H1 level pattern within the framework of a descending H4 level pattern. A bearish divergence also has formed on Awesome Oscillator. …
The pair is trading below 0.5960. Deteriorating market sentiment may put pressure on it again. In general, markets remain volatile, balancing between the negative effects of coronavirus and large-scale stimulus measures from the world's central banks, including the Australian RBA.
The price is above the middle Bollinger band, below …
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