The US dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement of the seventh session from its lowest since August 19, when it tested its lowest since late July against the Japanese yen following the developments and economic data that followed …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending truncated H4 level pattern ended with the breakout of the inclined channel. A bullish divergence’s formed on Awesome Oscillator. A breakout of the resistance level of 1.1855 will …
#IBM
The price pivot zone of 121.14 is holding back sellers. The inclined channel of the outgoing pattern is broken. A breakout of the resistance level of 123.44 will result in the formation of a 1-2-3 upward pattern.
Trading recommendations:
Buy above 123.44.
Stop Loss: 121.14.
Target levels: 126.71; 130.00.
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