The overall trend is upward. The descending pattern is truncated. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. The breakout of 0.9304 will result in the formation of an ascending wave pattern.
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The pair found support at 1.1900 and may grow today due to the correction in the yield of US treasuries, which caused yesterday's drop in the stock markets and the local growth of the US dollar.
Technical side:
The price is located just below the middle Bollinger band, above …
Aeroflot continues to move sideways below the support level 71.10 that it breached during the past week, confirming the break of this level, thus starting a bearish path.
Whereas, the price is moving below the averages level 20-50 after it managed to breach it this week, which is …
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