The overall trend is upward. The currency pair is trading in the range of the lower limit of the ascending price channel. The candle figure Long-legged Doji has closed yesterday’s trading day. The descending pattern of the H8 level is truncated.
monitor the price movement in …
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The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Breaking through the price pivot zone of 220.38 will result in the formation of an ascending wave pattern, where wave (A) broke through pivot 2 of the …
The pair is trading near a strong support level, remaining under pressure. The decline in risk appetite weighs on the euro. The dollar is supported by the more steady Treasury yields, which don’t seem to retreat yet.
Technical side:
The price is below the lower Bollinger band, below the …
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