#BA
The trend is descendant. The share is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The entry point is forming on the pullback B.
Trading idea:
Sell when level 137.18 is breached.
Stop-loss: 142.30.
Target levels: 131.20; 125.18.
The EURUSD pair continues its bearish movement, under the negative influence of the stochastic indicator and the moving averages. Therefore, the bearish scenario remains effective during the upcoming period on a short and intraday basis. The main target will be the 1.0000 level.
You should pay attention to the price's …
The pound against the dollar tried to move upwards and breach the resistance level 1.2000, but it failed due to the negative pressure of the EMA50. To form a new wave of the bearish movement, which is likely to continue to 1.1900 levels.
In general, we will continue to suggest …
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