The US dollar fluctuated in a narrow, bullish range during the Asian session, as we witnessed its retracement of the second session from its lowest since September 23 against the Japanese yen amid scarcity of economic data early this week by the Japanese economy.
And on the cusp of economic …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending H2 level pattern is currently truncated, a "double bottom" pattern is forming, an extended bullish divergence is also forming on Awesome Oscillator.
monitor the price …
The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence. Stochastic Oscillator indicates an oversold condition. A breakout of the price pivot zone of 170.0 will result in the formation of an ascending pattern of 1-2-3.
monitor the price movement in …
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