The resistance level of 108.50 holds back buyers. A pin bar reversal pattern formed on the H4 timeframe. Bearish divergence has formed on Awesome Oscillator indicator, while Stochastic Oscillator indicator signals oversoldness. The nearest support level is 107.30.
Trading recommendations:
Sell Below 107.30.
Stop Loss – 109.15.
Target levels-105.60; 103.20; 99.00.