09.12.2020
#CMI
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages.
Stochastic Oscillator signals an oversold condition. A breakout of the resistance level of 222.70 will result in the formation of a 1-2-3 ascending pattern.
Trading recommendations:
Buy when the 1-2-3 pattern is formed above 222.70.
Stop Loss: 216.40.
Target: 235.58.
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