The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages, A "start fractal" has formed below the 135 EMA. Breaking through the "start fractal" will result in the formation of a descending wave pattern within the overall downtrend.
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The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and ended with the breakdown of the inclined channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condotions. The breakout of 10.30 …
The pair is again below 1.1880. If the market continues to maintain a positive sentiment for purchasing companies shares and the yield of US treasuries will remain under pressure, it will negatively affect the US dollar, pushing the pair up.
Technical side:
The price is located above the middle …
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