The trend is ascending. On the daily timeframe, a "key reversal" pattern was formed with a false breach of the level.
On the H1 timeframe, the internal truncated wave structure ended with the breakdown of the inclined channel. The Awesome Oscillator indicator shows a bullish divergence, and the Stochastic Oscillator …
The Bank of Japan decided to keep the negative interest rate at -0.10%. At the moment this is the only country, which has a negative interest rate.
The trend of the currency pair is ascending. The pair is trading in the 365 and 135 EMA range. The Awesome Oscillator indicator …
The general trend is ascending. The currency pair is trading in the range of 365 and 135 moving averages. A support level of 10.9063 restrained the sellers. The descending wave structure ended with the breakdown of the inclined channel.
Trading idea:
Buy on a breakout of 10.9600.
Stop Loss: 10.9063. …
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