The overall trend is downward. The price pivot zone of 1.7170 holds back buyers. The ascending wave pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator, and the Stochastic Oscillator signals overbought conditions.
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The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions. The entry point "on the rollback in B" is formed.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined …
The US dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the second session from its high since the sixth of April against the Japanese yen, following the developments and economic data that were followed on Monday by the Japanese …
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