The historic support level of 43.70 held back sellers. Stochastic Oscillator signals oversold conditions. A breakout of 46.09 will result in the formation of a 1-2-3 ascending pattern.
monitor the price movement in real time.
Trading recommendations:
Buy on breakout of 46.09.
Stop Loss: 43.70.
Target …
The currency pair is located at the lower border of a flat range. The descending H4 level pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
monitor the price movement in real time.
Trading recommendations:
Buy when an ascending …
The pair is trading above the 0.7270, supported by the demand for risk assets amid as Joe Biden is proclaimed as the President-elect. The pair is also supported by the rising expectations of a decrease in tension between Washington and Beijing, which will have a positive impact on the …
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