Open trading account 
The Aussie is nearing oversold levels. On the daily chart below we can see that the pair dipped below the 20 level in the Stoch (8,3,3) and is now moving higher. This confirms a bullish signal for this pair.
A similar situation can be seen on the hourly chart below, although here the bullish scenario has been underway for several bars now. Notice how the pair rallied shortly after the dip below 20 and the move back above it.
Now let’s talk about the target. We’re currently quoted at 0.7222. Wi…
A similar situation can be seen on the hourly chart below, although here the bullish scenario has been underway for several bars now. Notice how the pair rallied shortly after the dip below 20 and the move back above it.
Now let’s talk about the target. We’re currently quoted at 0.7222. Wi…