The support level of 320.00 held back sellers. A Bullish divergence is forming on Awesome Oscillator, while Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy Above the resistance level of 331.00.
Stop Loss under the support level of 320.00.
Target levels: 345.00; 363.00; 375.00.
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The descending internal M30 level pattern is truncated. A Bullish divergence has formed on Awesome Oscillator of the H1 level, and Stochastic Oscillator indicates oversoldness.
Trading recommendations:
Buy while an ascending pattern is forming, …