AUDCHF analysis 02.03.2020

The currency pair is trading in the range of the round important level 0.6300. A descending truncated pattern has formed. A bullish divergence has formed on Awesome Oscillator, Stochastic Oscillator signals oversoldness. The exit from the zone of the round important level will result in the formation of an ascending pattern 123.

Trading recommendations:

Buy above 0.6320.

Stop Loss: 0.6250.

Target levels: 0.6400; 0.6450.