The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its rebound to the fifth session in seven sessions from its highest since the second of late January 2019 against the US dollar on the threshold of developments and economic data …
The Australian dollar continues to move within a narrow range tilted back down during the Asian session to witness to continue to decline for the seventh consecutive session against the US dollar on the cusp of developments and economic data expected on Tuesday by the US economy, the largest economy …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average. Breaking through the start fractal will result in the formation of a 1-2-3 descending pattern within the overall downtrend.
Trading recommendations: …
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