With the appearance of deviations between the price movement of the AUD/USD currency pair and the Stochastic Oscillator indicator, it gives an indication that in the near future AUD/USD has the potential to weaken, especially with the addition of confirmation of the appearance of the Rising Wedge pattern, which further strengthens the potential for weakening that will occur where as long as there is no strengthening that penetrates above the level of 0.6608, AUD/USD will try to test and breaks below the level of 0.6500. If this level is successfully broken below, the level of 0.6475 will be the next target to be aimed for.
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