30.04.2020
EURUSD
The price pivot zone of 1.0892 is actively holding back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. The ascending H4 level pattern is truncated.
Trading recommendations:
Sell while a descending wave pattern is forming, where wave A breaks through the inclined channel of the ascending truncated pattern of the H4 level.
Stop loss for the local maximum (1.0892).
Target levels: 1.0815; 1.0784; 1.0730.
The EURUSD rate online: monitor the movement of the shares in real time.
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