The overall trend is downward. The ascending H1 level pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
AUDNZD rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending truncated H1 level pattern.
Stop Loss beyond the resistance level 1.0628.
Target levels: 1.0605; 1.0568.