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EURUSD analysis 09.09.2020

EURUSD

The support level of 1.1756 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.

EURUSD rate online: monitor the price movement in real time.

Trading recommendations:

Buy strictly when an ascending wave pattern is formed, where wave A breaks through the inclined channel of the descending pattern.

Stop Loss: 1.1756 or local minimum.

Target levels:1.1855; 1.1953; 1.1996.

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