The US dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound from the lowest since June 29 against the Japanese yen, following the developments and economic data that were reported by the Japanese economy and on the cusp of developments and …
The support level of 43.50 continues to restrain sellers. Stochastic Oscillator signals an oversold condition. A breakout of the resistance level 45.51 will result in the formation of a1-2-3 ascending pattern.
: monitor the price movement in real time.
Trading recommendations:
Buy above 45.51.
Stop Loss …
The pair broke out of the range of 1.1190–1.1345 where it’s been for some time. The pair is supported by the hopes that the recovery fund plan will be approved at the EU summit on July 18th.
Technical side:
The price is above the upper Bollinger band, above SMA …
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