#AIR
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. The round secondary level of 87.80 holds back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold …
The overall trend is upward. The support level of 1.2132 is holding back sellers. The descending pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition.
monitor the price movement in real time.
Trading idea:
Buy when …
The pair remains above the strong support level of 1.2135 as Treasury yields rise again, supporting the dollar. This trend may negatively affect the pair’s further growth.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level …
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