AUD/USD Trading Analysis (25/02/2025)
The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows an oversold condition.
Trade idea:
- Buy on the breach of 0.63563.
- Stop-loss at 0.63357.
- Price targets at 0.63800 and 0.64050.
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