The pair is trading just above 110.35. The price may be supported by a drop in panic in the global market mood.
The price is below the middle line Bollinger band, above SMA 5, but below SMA 14. RSI is below the 50% and is growing weakly. Stoch are growing …
The resistance level of 1.7300 held back buyers. Probably the upward movement is a wave (B) of the descending pattern of the H12 level. Moving averages of the Stochastic Oscillator are testing the overbought zone.
Trading recommendations:
Sell strictly at the end of the ascending pattern of the H2 level …
The Aeroflot share continues to slide after the 113.08 support broke and the stability below it. The bearish movement stopped at the support 110.10, where the EMA50 is near the 50% Fibonacci retracement.
The price action between the 20 MAs from the top and the 50's from below which form …
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