AUD/CHF currency pair analysis


Downward five-wave structure truncated. Bullish divergence is indicated on the Awesome Oscillator and Stochastic Oscillator indicator.

Trading idea:

Buy on the formation of an ascending wave structure, where wave A breaks the pivot 2 of wave 5 (0.6639).

Stop-loss under the local minimum of the descending structure.

Target levels: 0.6658; 0.6694.

Author: GC
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