28.10.2019
The moving average 135 crossed the 365 upwards which indicates the presence of the upward movement. The expected correction is held back by the support level of 7.050. The trend line built on the downward movement is broken, and Stochastic Oscillator indicator signals oversoldness. The pivot zone of 7.224 holds back buyers.
Trading recommendations:
Buy after fixing the price above the pivot zone 7.224.
Stop loss – 7.050.
Target levels – 7.360; 7.680.
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