The AUDUSD tests the support – Analysis 26-09-2023

forex-news-aud_1The AUDUSD pair fluctuates at the key support 0.6400 and keeps its stability above it until now, accompanied by witnessing clear positive signals through stochastic now, which supports the chances of resuming the positive trades to head towards achieving our main waited target at 0.6545.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6400 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 0.6380 support and 0.6480 resistance

The expected trend for today: Bullish

https://dylta6p24nxqg.cloudfront.net/images/1695699599.png

Origin: Economies

 

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