The price pivot zone of 151.00 holds back buyers. Stochastic Oscillator signals overboughtness. The inclined channel of the ascending pattern is broken by the formation of a descending 1-2-3 pattern.
Trading recommendations:
Sell below 143.00.
Stop loss: 151.00.
Target levels: 131.00; 123.00.
monitor the movement …
The Australian dollar versus the US dollar provided quiet positive trading to gradually approach the level of 0.6407, and we are still waiting for the breach of this level to confirm the rush towards our next positive target of 0.6685.
In general, we continue to favor the bullish trend for …
The single currency fluctuated the euro in a narrow range slanting back down during the Asian session to witness its bounce back for the third session in four sessions from the top since early April against the US dollar on the cusp of developments and economic data expected today by …
Don't have your language?
