The stock is trading in a flat in the range of its lower limit. The Stochastic Oscillator indicator shows the price in the oversold zone. Resistance level 136.16 is holding back buyers.
Trading recommendations:
Buy above 136.16.
Stop Loss — 134.50.
Target levels — 139.20; 141.30.
AUDUSD continues to fluctuate at the resistance of the falling channel located at 0.6885, and the price is still stuck between the trend confirmation levels of the mentioned resistance and support at 0.6830, which makes us continue to remain neutral until the price confirms that it has crossed one of …
Analysis based on round-number levels, price channels and modified Elliot Waves
The overall movement of the currency pair is downward. The range of the medium round level 0.6450 is actively holding back buyers. Bearish divergence formed on the Awesome Oscillator. The level H4 rising pattern is truncated and is probably …
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