AUD/CHF currency pair analysis
Downward five-wave structure truncated. Bullish divergence is indicated on the Awesome Oscillator and Stochastic Oscillator indicator.
Trading idea:
Buy on the formation of an ascending wave structure, where wave A breaks the pivot 2 of wave 5 (0.6639).
Stop-loss under the local minimum of the descending structure.
Target levels: 0.6658; 0.6694.