The AUDUSD approaches the positive target – Analysis 06-10-2023

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair shows more bullish bias to approach our waited target at 0.6400, and we suggest surpassing this level to open the way to achieve additional gains that reach 0.6490.

Therefore, the bullish trend scenario will remain expected for the upcoming period, noting that breaking 0.6335 will stop the suggested rise and push the price to turn to decline.

The expected trading range for today is between 0.6340 support and 0.6430 resistance

The expected trend for today: Bullish

Origin: Economies

 

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