The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending construction is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
motor the price movement in real time. …
The pair is consolidating in the range of 1.2125–1.2270 amid the high volatility in markets caused by numerous conflicting factors, such as the coronavirus pandemic, a new COVID-19 stain in the UK, a new stimulus package in the US, the vaccination in the West, and recovery hopes in the …
#ABC
The overall trend is upward. The bears tested the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition. The inclined channel of the proposed correction pattern is broken (A).
Trading idea:
Buy on the breakout of 98.26 when …
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