The Shares of Sber Bank had reached the resistance 235.96 with closing last week after it reached 222.82 support previously bounced off which is near 50% Fibonacci retracement.
The price is moving upwards after it has breached all the moving averages.
The price is moving above the 20-50-7 moving averages, …
The overall movement is upward. An H2 level downward pattern is turncated. An intermediate round level of 1.6250 holds back sellers. Also, a bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator showed an exit from the oversold zone. The completion of the downward pattern of the H2 …
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