The EURUSD pair was able to break the resistance level 1.0250 and reached the next target 1.0340. Before it corrected down and reached the support 1.0300.
Breaking 1.0250 and settling above it is the beginning of the way to end the previous sideways path and start the bullish path.
Moving …
#DAI
The bulls have tested the upper boundary of the descending price channel and the resistance level of 60.95. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the sloping …
Downward wave patterns are truncated. The bears are testing the historical level of 0.9700. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator indicator signals oversold.
Trade idea:
Buy on the formation of an upward wave structure where wave A breaks through the downward sloping truncated channel. …
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