13.01.2020
The overall trend is downward. The pair is trading in the range of 365 and 135 moving averages. A start fractal was formed below the 135 moving average, followed by a signal fractal. Breaking through the start fractal will result a downward pattern of the H1 level within the overall downward trend. Also, a bearish divergence was formed on Awesome Oscillator indicator.
Trading recommendations:
Sell at the breakout of the round minor level 0.9720.
Stop Loss for the local maximum is 0.9762.
Target levels - 0.9680 (round secondary level); 0.9650 (round intermediate + trap for pros).
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