The resistance level of 1.7150 is holding back buyers. A bearish divergence has formed on Awesome Oscillator. Breaking through the round secondary level of 1.7080 will result in the formation of a descending wave pattern and exit the zone of the round important level of 1.7100.
Trading recommendations:
Sell below …
On the weekly timeframe, the historical support level of 1.0607 is being tested. Awesome Oscillator indicator generates a bullish divergence, while Stochastic Oscillator signals oversoldness.
A Bullish divergence along with oversoldness have also formed on the H1 timeframe. The pair is trading in the range of the round important 1.0600 …
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