The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound for the second session in three sessions from its highest since July 16, while it is still on the verge of its first weekly gains in six weeks against the …
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The overall trend is upward. The descending wave pattern is truncated and ended with the breakout of an inclined channel. There is a bullish divergence on Awesome Oscillator. A breakout of 317.50 will result in the formation of an ascending wave pattern.
Trading idea:
Buy on a breakout of …
The bears are testing the support level formed in April 2021. The descending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold condition.
monitor the price movement in real time.
Trading idea:
Buy when an ascending …
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