17.11.2020
The ascending pattern is truncated. The 0.7340 resistance level is holding back buyers. A bearish divergence is forming on Awesome Oscillator.
AUDUSD rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending truncated pattern.
Stop Loss: beyond the resistance level 0.7340.
Target levels: 0.7220; 0.7156; 0.7000.
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