A false breakdown has formed. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator showed an exit from the overbought zone. Breaking through the support level of 1.1894 will result in the formation of a 1-2-3 descending pattern.
Trading recommendations:
Sell below 1.1894.
Stop loss: 1.1960.
Target levels: 1.1852; …
The Australian dollar versus the US dollar continues to fluctuate when supporting the main bullish channel, which now rises to 0.6530 and maintains its stability above it. Therefore, our expectations for the upward trend will remain valid for the next period, which targets the level of 0.6685 as the next …
The single currency fluctuated the euro in a narrow range slashing up during the Asian session against the US dollar on the threshold of developments and economic data expected on Tuesday by the economies of the euro area and the US economy, the largest economy in the world.
At 04:42 …
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