The currency pair is trading in the range of 365 and 135 moving averages directed down. A start fractal has formed below the 135 EMA. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator moving averages are directed down from the overbought zone.
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Trading recommendations:
Sell on the formation of a 1-2-3 descending pattern.
Stop Loss: 1.1834.
Target levels: 1.1650; 1.1453.