The price pivot zone 2 of the wave 5 of an H8 level ascending five-wave pattern is broken by the assumed wave (A H2). A breakout of the support level of 0.9522 will result in the formation of a descending wave pattern. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition.
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Trading recommendations:
Sell when the support level is broken at 0.9522.
Stop Loss: 0.9620.
Target levels: 0.9432; 0.9250.