18.10.2019
The currency pair is trading in the range of the lower border of the ascending price channel within the moving averages (135 and 365) directed upwards. Bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an upward pattern 123 is forming.
Stop Loss under the round intermediate level 1.6250.
Target levels – 1.6366; 1.6430.
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