Aeroflot continues the sideways movement between the support level of 103.99 and the resistance level of 107.36.
Around 7-20 moving averages that the price fluctuates around up and down.
The price is currently moving above SMA 20 while SMA 50 is still a support for the price.
Stochastic is on …
The overall trend of the currency pair is downward. The pair is trading in the range of 365 and 135 moving averages directed downwards. A start fractal formed below 135 moving average. A bearish divergence has formed on Awesome Oscillator, while Stochastic Oscillator indicator signals overboughtness.
Trading recommendations:
Sell at …
The overall trend is upward. A bullish divergence formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. A reversal pattern Hammer formed on the H1 timeframe.
Trading recommendations:
Buy Above 45.27.
Stop Loss – 44.37.
Target levels - 47.15; 48.60.
If the local minimum is updated, cancel the trading plan.
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