26.02.2020
The resistance level of 1.7300 held back buyers. Probably the upward movement is a wave (B) of the descending pattern of the H12 level. Moving averages of the Stochastic Oscillator are testing the overbought zone.
Trading recommendations:
Sell strictly at the end of the ascending pattern of the H2 level by breaking through the inclined channel. Entry point is at the formation of a descending pattern.
Stop loss for the resistance level of 1.7300.
Target levels: 1.7128; 1.7035.
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