The hammer reversal pattern was formed on the H4 timeframe. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator signals oversoldness. The currency pair is trading in the range of the round important level 1.0700.
Trading recommendations:
Buy above the round secondary level of 1.0720.
Stop loss – 1.0673.
Target levels: 1.0750; 1.0780.