The AUD/USD resumes the rise – Analysis – 02/12/2020

forex-news-audThe AUDUSD pair returns to rise after retesting 0.7335 level, which supports the continuation of our bullish overview, which gets continuous support by the EMA50, reminding you that our waited targets begin at 0.7413 and extend to 0.7530.

On the other hand, we should note that the continuation of the expected bullish wave depends on the price stability above 0.7335.

The expected trading range for today is between 0.7335 support and 0.7460

The expected trend for today: Bullish

Origin: Economies

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