09.04.2020
The overall trend is downward. A reversal wave model has formed, where the waves C H8 and C H2 are truncated. Awesome Oscillator shows a bearish divergence, and Stochastic Oscillator signals overboughtness.
Trading recommendations:
Sell strictly while a descending wave pattern is forming, where wave A breaks through the inclined channel of the ascending pattern of the H8 level.
A stop loss of 0.6071.
Target levels: 0.5830; 0.5727; 0.5630.
The AUDCHF rate online: monitor the movement of the pair in real time.
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