25.10.2019
The currency pair is trading in the range of 135 and 365 moving averages directed upwards. Bullish divergence formed on the Awesome Oscillator indicator, and Stochastic Oscillator indicator showed an exit from the oversold zone. Breaking through the pivot zone 0.6334 will result the formation of an upward wave structure within the overall uptrend.
Trading recommendations:
Buy above 06.334.
Stop Loss under the pivot zone 0.6309.
Target levels – 0.6360; 0.6390.
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