The euro against the dollar continues to move sideways between the level 1.0250 as a resistance level and the level of 1.0170 as a support level, as it did not form any new movement for more than a week, to continue our expectations for the price movement last week. We …
#BAC
The general trend is downward. The currency pair is trading in the 365 and 135 EMA range. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator indicator.
Trading idea:
Sell on the formation of a downtrending wave structure where wave (A) breaks the …
The general trend is downward. Resistance level 1.4127 is holding back the buyers. A reversal pattern "Key level" is forming.
Trading idea:
Sell on a breakout of 1.4103.
Stop-loss for the resistance level 1.4127.
Target levels: 1.4080; 1.4047.
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