The EUR/USD pair tested the support level 1.0100, then rebounded upwards very strongly, breaching several resistance levels, and it is currently approaching the primary resistance 1.0250. This is supported by the positive support from the moving averages and the stochastic indicator, which is moving to the upside. Therefore, the bullish …
#SCHW
The general trend is upward. Downward wave structures are truncated. The Awesome Oscillator indicator has bullish divergence. The downward sloping channel of the truncated structure has been broken.
Trading idea:
Buy on a breakout of 63.93.
Stop-loss: 59.53.
Target levels: 71.32; 83.78.
The general trend is upward. The currency pair trades in the range of the lower border of the ascending price channel. The descending wave structure of the H2 level is truncated. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator is signaling oversold.
Trading idea:
Buy on …
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