The Australian dollar versus the US dollar was unable to break the 0.7615 level, to show positive trading and approaching the pivotal resistance that now rises to 0.7670, noting that the stochastic indicator is losing its positive momentum significantly, waiting for the price to stimulate the resumption of the expected …
The pair receives significant support amid the rising demand for risky assets, as well as the weaker US dollar, which was under pressure due to the changed market focus following the high inflation in the US to the strengthening of economic growth, which contributes to increased interest from investors …
The overall trend is downward. The ascending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, where the …
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