03.03.2020
The currency pair is testing the historical support level that was formed in 2011.
A descending truncated pattern of the H4 level has formed on the H1 timeframe. A bullish divergence has formed on Awesome Oscillator. The breakout of 0.7207 will result in the formation of an ascending M15 level pattern.
Trading recommendations:
Buy above 0.7207.
Stop loss: 0.7135.
The target levels: 0.7249; define the second goal based on your trading style.
Thank you for subscribing to our analytics
You already subscribed
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?