The overall trend is upward. The descending pattern ended with the breakout of an inclined channel and is truncated. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator moving averages have left the oversold zone. A breakout of 2.0596 will result in the formation of an ascending wave pattern within the overall uptrend.
Trading recommendations:
Buy above 2.0596.
Stop loss: 2.0200.
Target levels: 2.1068; 2.1600.