The EUR/USD pair rose and reached the resistance 1.0250 again in an attempt to breach this level and start the bullish path. And try to reach the target 1.0330.
The bullish movement comes with positive support from the moving averages and the stochastic indicator.
It should be noted that the …
#FB
The 159.09 support level is holding back the sellers. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator is signaling oversold. A "hammer" reversal pattern has been formed on the daily timeframe.
Trading idea:
Buy on a breakout of 161.46.
Stop-loss under the support level 154.09. …
The general trend is downtrending. The ascending wave structure is truncated. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a descending wave structure, where wave (A) breaks the inclined channel of the ascending truncated structure.
Stop-loss under …
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