The euro against the dollar continues to move sideways. The span between the support 1.0170 and the resistance 1.0250 did not record any movement. Therefore, we maintain the previous expectations of the movement between the two mentioned levels and demolish the occurrence of any new action until the price was …
#GE
The general trend is descendant. The ascending truncated wave structure ended with the breakdown of the inclined channel. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator sliding indicators have left the overbought zone.
Trading idea:
Sell on a breakout of 73.10.
Stop-loss: 76.34.
Target levels: 70.00; …
The support level of 1.1564 restrained the sellers. A downward truncated structure was formed, which was completed by the breakdown of the sloping channel. Awesome Oscillator indicates bullish divergence. On the H4 and H1 timeframes, a key reversal pattern was formed.
Trade idea:
Buy on the breakdown of 1.1628.
Stop-loss: …
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