EUR/USD Trading Analysis (20/06/2024)

The trend is down. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows an overbought state. The entry point is forming on the pullback B.

Trading idea:

Sell at the breach of 1.0724.

Stop-loss at 1.0770.

Price targets are 1.06680 and 1.06240.

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