The support level of 102.50 continues to hold back sellers. A hummer reversal pattern formed from this level, and Awesome Oscillator indicator shows bullish divergence. The completion of the descending pattern will provide an opportunity for further growth of the company's value.
Trading recommendations:
Buy while an ascending structure is …
The pair is trading above 1.1085, remaining under pressure caused by the expected pause in the interest rate cut by the Fed and, on the other hand, the expansion of the economic stimulus measures by the ECB with the appointment of a the new president Christine Lagarde.
The price is …
SberBank had managed to breach the resistance of 235.74 and continue the upside move with a target of 244.68.
The price is moving in an uptrend with positive support from all moving averages that move below the price and give it stability for the continuation of the rise.
The price …
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