The drop in panic due to fewer new coronavirus cases in China, as well as the expected stronger support of the national economy by the People's Bank of China, led to an increase in demand for risk assets and crude oil. If this sentiment remains, the pair will continue its …
The support level of 397.50 held back sellers. Stochastic Oscillator moving indicators on TF D1 are located near the oversold zone, and on TF H4 and H1 are in the oversold zone. The nearest resistance level is 408.00.
Trading recommendations:
Buy Above 408.00.
Stop Loss under the support level of …
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