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AUDNZD analysis 08.06.2020

AUDNZD 

The overall trend is upward. The currency pair is trading in the range of the round important 1.0700 level. A bullish divergence has formed on the Awesome Oscillator, Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy when an ascending wave pattern is formed, above the round secondary level of 1.0720.

Stop loss: 1.0680.

Target levels: 1.0780; 1.0820; 1.0880.

The AUDNZD rate online: monitor the movement of the pair in real time.

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