AUD/USD Trading Analysis (15/07/2025)
The trend is ascending. The currency pair is trading within the 365-135 EMA range. The descending truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy at the beginning of the ascending wave formation.
- Stop-oss at 0.6538.
- Price targets are 0.6580 and 0.6594.
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