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AUDUSD analysis 08.09.2020

AUDUSD

The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator. A breakout of 0.7300 will result in the formation of an H1 level ascending pattern within the overall uptrend.

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

Trading recommendations:

Buy above 0.7300.

Stop Loss: 0.7224.

The target is 0.7412.

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