The overall trend is downward. The resistance level of 30.20 holds back buyers. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness. Breaking through the support level of 29.00 will result in the formation of a 1-2-3 descending pattern within the overall downtrend.
Trading recommendations: …
The US dollar fell during the Asian session to witness its rebound for the second session from its top since March 27 against the Japanese yen after the developments and economic data that it had reported on the Japanese economy and the US economy is the largest economy in the …
The Australian dollar rose during the Asian session to witness its bounce to the third session from its lowest since March 26 against the US dollar after the developments and economic data that it reported on the Australian economy, which includes the activities of the Australian Central Bank meeting in …
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