The price pivot zone of 38.10 holds back sellers. Awesome Oscillator shows a bullish divergence. The nearest resistance level is 38.70.

: monitor the price movement in real time.

Trading recommendations:

Buy above 38.70.

Stop Loss under the support level 38.10.

Target levels: 40.00; 41.10.

The pair remains in a very narrow range of 1.3480–1.3630 ahead of the OPEC+ meeting on crude oil supply regulation, as well as the Bank of Canada’s monetary policy meeting this week.

Technical side:

The price is on the middle Bollinger band, on the level of SMA 5 and …