The AUD/USD hits the first target – Analysis – 14/04/2023

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair rallied upwards strongly to succeed achieving our first waited positive target at 0.6780, noticing that the price closed the daily candlestick above it, to open the way to continue the bullish trend on the intraday basis, noting that the next stations reach 0.6855 followed by 0.6925.

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, taking into consideration that failing to hold above 0.6780 will put the price under negative pressure that targets testing 0.6665 areas again.

The expected trading range for today is between 0.6750 support and 0.6855 resistance

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply