EUR/USD Trading Analysis (02/08/2023)

The general trend is ascending. The inner downtrend truncated structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Trading idea:

Buy at 1.1020.

Stop-Loss: 1.0950.

Target price levels: 1.1106, 1.1240.
 

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