The Australian dollar fluctuated in a narrow range tilted towards the decline during the Asian session against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp of developments and economic data expected today, Tuesday, by the American economy, the …
Tuesday, June 8th, today’s news—WTI crude oil futures fell during Asian trading on Tuesday. On the New York Mercantile Exchange, WTI crude oil futures for July delivery are trading at $68.65 a barrel. The price of Brent oil is $71.02 per barrel, WTI—$68.81. EUR/USD is at 1.2174, GBP/USD—1.4143, gold is …
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The overall trend is upward. The downward movement tested the trend line on the weekly timeframe. Bears are approaching the support level of 72.06. Stochastic Oscillator signal oversold conditions.
Trading idea:
Buy from the support level of 72.06.
Stop Loss: 70.00.
Target levels: 79.42; 83.82; 87.08.
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