07.09.2020
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending truncated H4 level pattern ended with the breakout of the inclined channel. A bullish divergence’s formed on Awesome Oscillator. A breakout of the resistance level of 1.1855 will result in the formation of an ascending wave pattern.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy above 1.1855.
Stop Loss: 1.1756.
Target levels: 1.1953; 1.1996.
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