The support level of 1.1756 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
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Trading recommendations:
Buy strictly when an ascending wave pattern is formed, where …
The pair is trading higher following the selloff in the US stock market and the rising demand for the dollar. The pair may continue to grow if the negative sentiment persists and the monetary policy decision by the Bank of Canada doesn’t create new positive factors for the CAD. …
Tuesday, September 8th, today’s news—French national statistics agency INSEE confirms its forecast of a 9% GDP drop in 2020. Germany's imports and exports data points to slow recovery, Morgan Stanley experts predict a full recovery of the global economy in the next quarter. The price of Brent oil is $41.37, …
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