The general trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The presumptive corrective pattern (level H1) culminated by breaking through the inclined channel. A break of 0.6483 will result in the formation of an upward wave pattern within …
The general trend (at H1) is upward. The support level of 145.0 is holding back sellers. A downward truncated pattern has formed, and a bullish divergence has formed on Awesome Oscillator.
Trading recommendations:
Buy strictly while an ascending wave pattern is forming, where wave (A) breaks through the inclined …
The Australian dollar fell during the Asian session to witness its bounce for the second consecutive session from its highest since late April, when it tested its highest since March 10 against the US dollar after the developments and economic data that it had reported on the Australian economy and …
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