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Currency analyst

AUD/USD keeps rising

AUD/USD is having a bullish trend on the daily chart. EMA9 is above EMA26, while +DMI is higher than –DMI, MACD is rising, and further growth will make ADX come from the area below 25. In such situations buy on the pullbacks down. 

 

On H1 Stochastics going to the oversold area and then returning to 20-80 zone will be a signal to form long positions. We assume that it will be in 0.7611. 

Recommendation: BUY 0,7611 SL 0,7561 TP1 0,7711 TP2 0,7761

AUD
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