The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since 11 December last, and to promise to end its longest march of daily losses in six months against the US dollar after the developments and economic data that it followed …
The pair is trading above the level of 1.3090 in anticipation of the ECB's final decision on monetary policy, especially the speech of its head Christine Lagarde, who is expected to announce the updated monetary policy of the Bank.
The price is at the level of the middle line of …
The round secondary level of 0.6580 holds back sellers. A descending truncated pattern of the H12 level was formed, the wave (C) of which also has a truncated pattern of the H4 level. Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy while an ascending structure is forming, where the wave (A) …
Don't have your language?
