The currency pair is trading in the upper limit range of the descending price channel. An ascending truncated structure of the H1 level has formed and ended with the breakout of the inclined channel. The resistance level of 108.70 holds back buyers, and Stochastic Oscillator indicator signals overboughtness.
Trading reccomendatoins: …
The US dollar fluctuated in a narrow range, tilted lower during the Asian session to witness the bounce for the eighth session in eleven sessions from its highest since late May last against the Japanese yen following the developments and economic data that followed from the Japanese economy and on …
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