The overall trend is upward. The currency pair is trading in the range of the upper boundary of the Ichimoku cloud. An accumulation has formed, where the support level is 1.0740, the resistance level is 1.0790. Awesome Oscillator shows a bullish divergence. And Stochastic Oscillator signals oversold conditions.
The pair corrects downwards after reaching a local high of 1.2115. This week its growth will continue after a slight downward correction.
Technical side:
The price is located above the middle Bollinger band, at the level of SMA 5 and above SMA 14. RSI is turning down under the …
#BA
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The support level of 231.72 has formed. Stochastic Oscillator signals oversold conditions. Breaking through the resistance level of 239.70 will result in the formation of an ascending pattern of 1-2-3.
Trading …
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