#KMB
The overall trend is upward. The support level of 128.64 is holding back sellers. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed.
Stop loss under the local minimum …
The US dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from the top since the sixth of last April, while it is still on track for its second consecutive weekly gain against the Japanese yen.
This comes after developments …
Gold futures fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the third session in four sessions from its highest since the seventh of January, to prepare for the first weekly losses in five weeks, amid the rebound of the US …
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