The stock is trading in an upward price channel in the range of its lower border. The support level of 237.0 held back sellers.
A bullish divergence has formed on TF H1 of Awesome Oscillator indicator, and Stochastic Oscillator signals oversoldness. The nearest resistance level is 239.50.
Trading recommendations:
Buy …
The pair is trading below 1.1170, awaiting the outcome of the ECB monetary policy meeting. If the pair fails to rise above this mark, it will likely start a correction.
The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI has come out of the …
AUDUSD holds steady above the resistance of the breached descending channel (red dotted), and starts today with a fresh bullish slope on its way to continue the expected rally for the coming period, keeping the bullish correction scenario intact over intraday and short term, targeting 0.7015 as the first stop. …
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