years on the market

AUDUSD Analysis 07.11.2019

The overall trend of the currency pair is upward. Now the pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy while the rising pattern 123 is forming, strictly after the breakout of the inclined channel of descending pattern.

Stop Loss under the round intermediate level 0.6850.

Target levels – 0,6920; 0.6975.

Other reviews

Choose your language