#VOW3
The support level of 131.80 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (a) breaks through the inclined channel of the descending truncated pattern.
Stop Loss at the local …
The currency pair is trading in the range of 365 and 135 moving averages. The inclined channel of the ascending truncated pattern is broken. Presumably, a descending wave pattern is being formed within the general downtrend.
monitor the price movement.
Trading recommendations:
Sell on the breakout …
The pair is consolidating in a narrow range of 1.1700–1.1750 ahead of the new US employment data. If the numbers are higher than expected, then the pair will go up amid the rising demand for risk assets following a period of warm-up and decline. If the numbers are low, …
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