The US dollar fluctuated in a narrow range slanting toward a decline during the Asian session, to witness its bounce for the sixth session in nine sessions from the top since March 26 against the Japanese yen, following the developments and economic data that it had reported on the Japanese …
The general trend is upward. Breaking through the price pivot zone of 145.50 will result in the formation of an ascending 1-2-3 pattern. Awesome Oscillator indicates a bullish divergence, and Stochastic Oscillator signals moving beyond the range of oversoldness.
Trading recommendations:
Buy above 145.50.
Stop loss: 139.50
Target levels: …
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