There is nothing new about the euro movement against the dollar, as it continues to move sideways between levels 1.0250 and level 1.0170.
Therefore, we maintain our previous expectations in our earlier reports.
The expected trading range for today is between the support 1.0140 and the resistance 1.0300.
Support: 1.0200—1.0170—1.0100. …
#BA
The general trend is downward. On the H4 timeframe, a "shooting star" reversal pattern was formed. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought.
Trading idea:
Sell on a breakout of 163.00.
Stop-loss: 172.00.
Target levels: 152.80; 142.40.
Downward five-wave structure truncated. Bullish divergence is indicated on the Awesome Oscillator and Stochastic Oscillator indicator.
Trading idea:
Buy on the formation of an ascending wave structure, where wave A breaks the pivot 2 of wave 5 (0.6639).
Stop-loss under the local minimum of the descending structure.
Target levels: 0.6658; …
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