Schedule "XO" step 0.50%:
On the senior chart, we observe an exclusively downward trend.
Shares are traded in an upward wave of the downtrend, which is due to overcoming the resistance level of 1.2705.
The relative strength index is in the column "O", which indicates the strength of the sellers.
Turning and overcoming the 1.22 support level will signal a triple bottom for sale.
The initial target for sellers will be the mark of 1.19, with the approach to which it is recommended to close 1/2 of the total volume of short positions.
The main goal will be a support zone in the area of 1.17.
The point of protective suspension is the maximum fluctuation of 1,252.
Trading recommendations:
Sales are recommended only after overcoming the support level of 1.22.
