The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the third consecutive session from its lowest since November 24, 2020, while it is still on the way to its fourth consecutive weekly losses against the US dollar following …
Friday, July 23rd, today’s news — Wall Street closed slightly higher on Thursday, continuing a two-day rally thanks to the tech sector, as mediocre economic data and mixed financial results of companies forced investors to turn their attention to growth stocks. The price of Brent oil is $73.81 per barrel, …
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The descending truncated wave pattern ended with the breakout of the inclined channel. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. A breakout of 9.35 will result in the formation of an ascending wave pattern.
Trading Idea:
Buy above 9.35.
Stop Loss: 8.65. …
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