The pair continues to form the double top reversal pattern. The prospect of stronger USD due to the divergence of monetary policies between the Fed and the ECB will exert a short-term pressure on the pair.
The price is below the middle Bollinger band, at SMA 5, but below SMA …
The stock is trading in the upper limit range of the descending price channel. The pivot zone of 362.0 held back buyers, and Stochastic Oscillator indicator signals oversoldness. A start fractal has formed below the 135 moving average from the upper border of the price channel.
Trading recommendations:
Sell at …
The currency pair has been trading in a narrow flat range for a long time. The round secondary level of 1.2820 was insurmountable for bulls, and the round important level of 1.2700 is a deterrent for bears. A bearish divergence appeared on Awesome Oscillator.
Trading recommendations:
Sell below the important …
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