The conjunction of composite Moon and Ascendant signifies a relationship in which your emotions and feelings play a very prominent role. Therefore, this aspect is more favorable to a personal relationship than to a professional one.
In a personal relationship the Moon close to the composite Ascendant signifies that the two of you can achieve a depth of shared feeling that will be the envy of many other couples.
Of course, this attribute can also be a problem. It may prevent you from seeing each other clearly at those times when a certain degree of objectivity and detachment are called for. During periods of stress in the relationship, you may get so wrapped up in your emotions that neither of you is capable of sorting out who is responsible for what.
This could be a difficult aspect, but if other indications are good, it can also be an excellent aspect.