The Australian dollar versus the US dollar pair shows more bullish tendency to gradually crawl towards our main awaited target at 0.7015, which represents the 23.6% Fibonacci retracement level for the decline from 0.8135 to 0.6669, which means that breaching this level will extend the correctional bullish wave to reach …
The general trend on the H1 timeframe is downward. The stock is trading in the range of 150 and 365 moving averages. A bearish divergence has formed on the MACD indicator, and the Stochastic Oscillator indicator showed an exit from the overbought zone.
Trading recommendations:
Sell below 219.00.
Stop loss …
The general trend is upward. The support level of 1.2672 holds back sellers. Breaking through the price pivot zone 1.2765 will result in the formation of an upward pattern as part of the overall upward trend. Awesome Oscillator indicator also shows a bullish divergence, while the Stochastic Oscillator indicates the …
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