The currency pair is trading in the range of the upper limit of the descending price channel. The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The inclined channel of the ascending pattern is broken.
Trading idea:
Sell when a descending pattern …
#BN
The overall trend is upward. The descending wave pattern is truncated. The support level of 57.86 is holding back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …
The pair continues to consolidate in the range of 1.2170-1.2260 due to expectations for the important data on employment in the US, which will be published on Thursday by ADP, and on Friday by the US Department of Labor.
Technical side:
The price is located at the level of …
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