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 …