The 359.50 support level held back sellers. A breakout of the price pivot zone of 368.00 will result in the formation of a 1-2-3 ascending pattern. Stochastic Oscillator indicates an oversold condition, and Awesome Oscillator shows a bullish divergence.
: monitor the movement of the price …
The pair is trading below the strong resistance level of 0.6560, supported by the positive dynamics in Asian stock markets, which in turn rose under the influence of strong data from the US labor market published on Friday.
Technical side:
The price is above the middle Bollinger band, above …
The overall trend is upward. The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator. A breakout of 0.9035 will result in the formation of an ascending wave pattern within the overall uptrend.
: monitor the movement of the pair in real time. …
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