Share managed to breach the support 330.77, ending the sideways movement it was moving within, and the price is currently heading to test the support 313.60 after it breached the previous support level of 330.70.
The stochastic oscillator is on a downward path, and this coincides with the price test …
The overall trend is downward. The ascending H2 level pattern is truncated. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition.
monitor the price movement.
Trading recommendations:
Sell …
The pair is consolidating above 1.1700 after yesterday’s drop. The main negative factor is the uncertainty of the US election and the second wave of COVID-19 in Europe, which supports the US dollar as a safe-haven currency.
Technical side:
The price is located on the lower Bollinger band, at …
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