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EURAUD analysis 25.11.2019

25.11.2019

Market Review

The lower border of the upward price channel is broken. The pivot zone 1.6206 holds back sellers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator showed an exit from the overbought zone and is directed downwards.

 

Trading recommendations:

Sell Below 1.6206.

Stop Loss - 1.6320.

Target levels - 1.6120; 1.6050; 1.5980.

Author: admin
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