The pound against the dollar settled by moving above the 1.2020 level, thus confirming the bullish path and trying to test the 1.2050 resistance level again in an attempt to reach the next target at the value 1.2100. This is supported by the positive support of the moving averages and …
The Euro faced intense pressure, which led to the breach of the support level 1.0170 and approached the support level 1.0100 in an attempt to return to the downside path. However, the stochastic formed a positive signal that led the price to return to test the average 50 level again …
#AIR
The general trend is downtrending. The ascending truncated wave structure ended with the breakdown of the inclined channel. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator indicator signals overbought and shows bearish divergence.
Trading idea:
Sell on a breakout of 104.10.
Stop loss: 107.40.
Target levels: …
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