AUD/USD Trading Analysis (28/08/2025)
The trend is descending. The currency pair is trading within the 365-135 EMA range. The upward wave structure has been truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an overbought condition.
Trade idea:
- Sell when the descending wave structure begins to form and wave A breaches the 0.65010 level (pivot 2 of wave C).
- Stop-loss at 0.65220.
- Price tragets are 0.64700 and 0.64320.
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