16.11.2020
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.
USDCHF rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern has formed, where the wave (aC) breaks through the inclined channel of the downward expected correction.
Stop Loss at the local minimum.
Target levels: 0.9189; 0.9270.
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