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, while Stochastic Oscillator indicates an oversold condition.
AUDUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss under the local minimum.
Target levels: 0.7340; 0.7412.