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The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. Descending wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trade idea:

• Buy at the beginning of the formation of the ascending wave structure, when wave …

The trend is up. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trade idea:

• Buy at the beginning of the formation of the rising wave structure.
• Stop-loss at 68.15. …

The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. Descending wave structures are completed. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trade idea:

• Buy on the breach of 1.0813.
• Stop-loss at 1.0780.
• Price targets at 1.0850 and 1.0912.

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