13.03.2020
The currency pair is trading in the range of the lower border of the ascending price channel. Stochastic Oscillator signals oversoldness. Breaking through the resistance level of 2.0680 will result in the formation of an ascending pattern of 1-2-3.
Trading recommendations:
Buy while an ascending 1-2-3 pattern is forming. - Higher than 2.0680.
Stop loss for the figure is 2.0312.
Target levels: 2.1068; 2.1600.
If the price falls to the support level of 2.0312, cancel the trading plan.
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