03.02.2020
The currency pair is trading in a descending price channel (H4 timeframe). At the same time, a second bullish divergence is likely to form on Awesome Oscillator indicator. The support level of 1.0665 is holding back sellers.
Trading recommendations:
Buy while an ascending 123 pattern is forming, strictly after breaking through the upper border of the descending price channel.
Stop loss under the support level 1.0665.
Target levels: 1.0750; 1.0780; 1.0820.
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