The US dollar fluctuated in a narrow bullish range during the Asian session to witness the highest since November 12 against the Japanese yen following the speech of Fed Governor Jerome Powell in addition to the developments and economic data that followed from the Japanese economy, the third largest economy …
The overall trend is upward. The Stochastic Oscillator shows oversoldness. Breaking through the resistance level 763.42, will result in the formation of an upward wave pattern within the upward wave from the D1 level.
Trading recommendatons:
Buy Above 763.42.
Stop Loss – 746.85.
The target is 798.50.
Move to breakeven …
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