The pair is trading below the strong resistance level of 0.6560, supported by the positive dynamics in Asian stock markets, which in turn rose under the influence of strong data from the US labor market published on Friday.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI entered the overbought zone. Stoch are also in this zone.
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Trading recommendations:
Buy the pair after it has passed 0.6560 with the possibility of further growth to 0.6665.