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EURUSD analysis 25.11.2020

EURUSD

The ascending pattern is truncated. The resistance level of 1.1915 is holding back buyers. Awesome Oscillator shows a bearish divergence, while the moving averages of Stochastic Oscillator have left the overbought zone.

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

Trading recommendations:

Sell when a descending wave pattern is formed, where the A wave breaks through the inclined channel of the ascending truncated pattern.

Stop Loss: 1.1915.

Target levels: 1.1758; 1.1622.

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