The Australian dollar fluctuated in a narrow range, tilted lower during the Asian session to witness the rebound for the third session in five sessions from its highest since late October, when it tested the highest since July 26 against the US dollar amid the lack of economic data earlier …
The support level of 1.4542 held back sellers. A bullish divergence has formed on Awesome Oscillator indicator, and the Stochastic Oscillator indicator signals oversoldness. Breaking through the round important level 1.4600 will result in the formation of an upward pattern 123.
Trading recommendations:
Buy above 1.4600.
Stop Loss below the …
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