The US dollar fluctuated in a narrow range slanting to the upside during the Asian session against the Japanese yen amid the scarcity of economic data earlier this week by the Japanese economy and on the cusp of developments and economic data expected on Monday by the US economy, the …
The pair is in a short-term downtrend amid the falling demand for risky assets as a result of the outbreak of the coronavirus pandemic in China and the extinct epidemic in the US. But today, it can recover due to the growth in the stock market in China and …
The support level of 191.60 is holding back sellers. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator shows the intersection of moving averages in the oversold zone. A breakout of 196.10 will result in the formation of an ascending 1-2-3 pattern.
Trading recommendations:
Buy above 196.10. …
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