18.02.2020
The overall trend is downward, as evident from 365 and 135 moving averages. The currency pair is trading in the range of the round important level 0.6300. A bearish divergence has formed on Awesome Oscillator indicator. Breaking through the round secondary level of 0.6280 will result in the formation of a 1-2-3 descending pattern.
Trading recommendations:
Sell below 0.6280.
Stop loss: 0.6327.
Target levels: 0.6250; 0.6220.
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