The AUDUSD tests the support base – Analysis 12-10-2023

newzeeland_dollarThe AUDUSD pair tested 0.6400 level and kept its stability above it, to keep the bullish trend scenario active for the upcoming period, waiting to visit 0.6490 followed by 0.6545 levels as next main targets.

Stochastic overlaps positively to support the continuation of the expected bullish trend, reminding you that it is important to hold above 0.6400 to achieve the suggested targets.

The expected trading range for today is between 0.6380 support and 0.6470 resistance

The expected trend for today: Bullish

Origin: Economies

 

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