25.05.2020
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. A descending truncated pattern has formed.
Trading recommendations:
Buy when an ascending wave pattern is formed.
Stop loss under the price pivot zone of 1.0884.
Target levels: 1.1008; 1.1050.
The EURUSD rate online: monitor the movement of the pair in real time.
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