AUD/CHF Trading Analysis (13/08/2024)
The trend is descending. The currency pair is trading in the range between 365 and 135 ЕМА. The upward truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
- Sell at the breach of 0.5686.
- Stop-loss at 0.5750.
- Price targets at 0.5610 and 0.5436.
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