20.02.2020
The overall trend is downward. A descending truncated H8 level pattern has formed on the wave (C) which also has a truncated pattern. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversoldness. A breakout of 1.3240 will result in the formation of an uptrend within the overall uptrend.
Trading recommendations:
Buy above 1.3240.
Stop loss under the local minimum.
Target levels: 1.3276; 1.3319.
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