The pound against the dollar rose strongly and managed to break several resistance levels and reached the 1.2260 resistance before correcting downward and testing the 1.2175 level as a support level. Affected by the negativity of the stochastic oscillator.
While the moving averages constitute a positive pressure factor.
Keeping trading …
The EURUSD pair was able to break the resistance level 1.0250 and reached the next target 1.0340. Before it corrected down and reached the support 1.0300.
Breaking 1.0250 and settling above it is the beginning of the way to end the previous sideways path and start the bullish path.
Moving …
#DAI
The bulls have tested the upper boundary of the descending price channel and the resistance level of 60.95. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the sloping …
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