years on the market

EURCHF analysis 14.05.2020

EURCHF 

The 1.0510 support level is holding back sellers. A descending truncated pattern has formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.

Trading recommendations:

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

Stop loss under the support level 1.0510.

Target levels: 1.0545; 1.0573; 1.0598.

EURCHF rate online: monitor the movement of the pair in real time.

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