#CMI
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals oversold conditions. Breaking through the resistance level of 222.70 will result in the formation of an ascending pattern of 1-2-3.
Trading recommendations:
Buy when the 1-2-3 pattern is formed above 222.70.
Stop Loss: 216.40.
Target: 235.58.