AUD/CHF Trading Analysis (10/11/2023)

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator.
 

Trading idea:

Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the descending truncated structure.

Stop-Loss: 0.5735.

Target price levels: 0.5820, 0.5850.

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