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The overall movement is upward. An H2 level downward pattern is turncated. An intermediate round level of 1.6250 holds back sellers. Also, a bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator showed an exit from the oversold zone. The completion of the downward pattern of the H2 …

The pair is trading above the level of 0.6860. It still has the potential for a local growth to 0.6895. From a technical point of view, the pair continues to form a double bottom reversal pattern. But due to being locally overbought, it is possible to buy it as it …