21.02.2020
On the weekly timeframe, the historical support level of 1.0607 is being tested. Awesome Oscillator indicator generates a bullish divergence, while Stochastic Oscillator signals oversoldness.
A Bullish divergence along with oversoldness have also formed on the H1 timeframe. The pair is trading in the range of the round important 1.0600 level.
Trading recommendations:
Buy while an ascending structure is forming strictly above the round secondary level of 1.0620.
Stop loss under the local minimum.
Target levels: 1.0650; 1.0680.
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