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AUD/USD Currency Pair Analysis for September 2, 2026

Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.

September 2, 2026

AUDUSD

The trend is bullish. The currency pair is trading between the 365 EMA and the 135 EMA. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The downward wave pattern is truncated.

Trading idea:

Buy upon the formation of an upward wave pattern where wave (A) breaks the trendline of the truncated downward pattern.

Place the Stop Loss below the local low of the truncated downward pattern.

Target levels: 0.7170; 0.7180.

Author: GC

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