The EUR/USD pair continues to move within a sideways trend that tends to decline, as the price returned to test the 1.0966 support level, and trades stabilized below the 1.100 level, so the pinch remains great to breach the 1.0966 support level as long as the trades are below the …
#MCD
The trend is descendant. The share trades are between 365 and 135 moving averages. The mirror level of 240.00 restrains buyers. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.
Trade idea:
Sell when the 234.00 level …
The general trend is ascendant. The descendant wave structure is truncated. The currency pair trades between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through …
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