The descending wave pattern is truncated. The 365 and 135 moving averages signal an upward movement. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
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Trading idea:
Buy the pair when an ascending wave pattern is …
The pair is trading below 1.2175, forming the uptrend descending flag pattern. The growth of fears in the markets puts pressure on the pair, along with the fact that the Fed may announce the beginning of a reduction in the volume of government bond repurchases as early as September …
The Australian dollar fluctuated in a narrow range tilted to the downside during the Asian session against the US dollar, following the developments and economic data that we followed earlier this week by the Australian economy and on the cusp of developments and economic data expected today, Monday, by the …
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