Daily reviews

The price pivot zone of 763.90 holds back sellers. Probably, the downward movement is a corrective wave (B), an upward construction. Also, Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy while an ascending pattern is forming, where the wave (as) breaks through the inclined channel of the descending pattern.

Stop loss …

The currency pair is trading in a descending price channel (H4 timeframe). At the same time, a second bullish divergence is likely to form on Awesome Oscillator indicator. The support level of 1.0665 is holding back sellers.

Trading recommendations:

Buy while an ascending 123 pattern is forming, strictly after breaking …