22.11.2019
The currency pair is trading in the upper limit range of the descending price channel. An ascending truncated structure of the H1 level has formed and ended with the breakout of the inclined channel. The resistance level of 108.70 holds back buyers, and Stochastic Oscillator indicator signals overboughtness.
Trading reccomendatoins:
Sale while a descending structure is forming.
Stop Loss at the resistance level 108.70.
Target levels - 108.27; 107.92.
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