The Australian dollar fluctuated in a narrow range that tends to rise during the Asian session, to witness its retracement to the third session in four sessions from its lowest since the fourth of May against the US dollar, following developments and economic data that they followed on the Australian …
#BA
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and the inner (red) descending pattern is truncated. The Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. The ascending pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
: monitor the price movement in …
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