FX.co - AUD/USd analysis for July.24.2020 - Bullish divergences on the momentum oscillator. Watch for buying opportutniies with the first target at 0.7100

2020-07-24T11:46:09

Relevance until2020-07-24

Technical analysis:

AUD/USd analysis for July.24.2020 - Bullish divergences on the momentum oscillator. Watch for buying opportutniies with the first target at 0.7100

Trading recommendation:

Watch for potential buying opportunities due strong bullish divergence on the 30M time-frame in the background, which may result strong rally till end of the day.

Upward targets are references are set at :

0,7100

0,7123

0,7135

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ AUD/USd analysis for July.24.2020 - Bullish divergences on the momentum oscillator. Watch for buying opportutniies with the first target at 0.7100