The Australian dollar fluctuated in a narrow range tilted to decline during the Asian session to witness the bounce for the fourth session in five sessions from the highest since September 16 last against the US dollar amid the lack of economic data by the Australian economy earlier this week …
The currency pair is trading in the range of 135 and 365 moving averages directed upwards. The downward construction of the H1 level is truncated, and a bullish divergence is formed on Awesome Oscillator indicator.
Trading recommendations:
Buy while an ascending wave pattern is forming, where the wave (A) breaks …
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