The single currency of the European Union fluctuated in a narrow, bullish range during the Asian session to see its fifth session rebound in six sessions from the lowest since May 12, 2017 against the US dollar on the eve of developments and economic data expected on Tuesday by euro …
The Australian dollar fluctuated in a narrow uptrend range during the Asian session to witness the bounce for the fourth session in five sessions from the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on the …
Analysis based on round-number levels, price channels and modified Elliot Waves
The overall movement is upward. The downward pattern shows weakness. A bullish divergence formed on the Awesome Oscillator, while Stochastic Oscillator shows an exit from the oversold zone.
Trading recommendations:
Buy as the 123 pattern is forming, with the …
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