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AUDJPY analysis 31.07.2020

AUDJPY

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Awesome Oscillator indicates a bullish divergence. A breakout of the resistance level 75.44 will result in the formation of an ascending wave pattern within the overall uptrend.

AUDJPY rate online: monitor the price movement in real time.

Trading recommendations:

Buy above 75.44.

Stop Loss: 74.86.

Target levels: 75.83; 76.70.

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