The Australian dollar against the US dollar pair tested the 0.7765 level and keeps its stability below it so far, accompanied by the appearance of overbought signs through the stochastic indicator, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which mainly targets the …
Friday, July 9th, today’s news—US stock indexes fell in early trading on Thursday due to a combination of falling bond yields with concerns about the strength of the economic recovery and regulatory actions in both the US and China The price of Brent oil is $74.72 per barrel, WTI—$73.67. EUR/USD …
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The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator. The bears are unable to gain a foothold below the round secondary level of 22.80.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …
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