Daily reviews

Awesome Oscillator shows a bearish divergence. Stochastic Oscillator signals overboughtness. If the price pivot level 58.66 is breached, a downward pattern 123 will form.

Our recommendation:

Sell below 58.66.

Stop Loss: 61.00.

Target levels: 56.94; 55.60; 53.31.

Analysis based on round-number levels, price channels and modified Elliot Waves

The general trend is upward. Round important level 0.6600 discouraged sellers. An H1 level truncated pattern was formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Our recommendations:

Buy as the upward wave pattern is forming, …