Slowing down
At the moment, our pair stopped above the level of 1.1540 and did not overcome it. In the case of breaking through this mark, we expect the upward movement towards the level of 1.1590. Our technical indicators are not reflecting a clear position now, as Stochastic has not emerged from the oversold zone yet , and MACD is still in the negative zone - that is why there is still a chance that the pair will form a figure of head and shoulders. Therefore, we advise you to wait for a signal from technical indicators and, regarding this, take positions and enter the market.
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