AUDNZD analysis 08.06.2020
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.
