18.12.2019
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending internal M30 level pattern is truncated. A Bullish divergence has formed on Awesome Oscillator of the H1 level, and Stochastic Oscillator indicates oversoldness.
Trading recommendations:
Buy while an ascending pattern is forming, where the wave (AC) is breaking through the inclined channel of an H1 level descending pattern.
Stop Loss under the price pivot zone of 0.6837.
Target levels: 0.6920; 0.6950.
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