The AUDUSD crawls upwards – Analysis 18-10-2023

forex-news-audThe AUDUSD pair rises calmly, approaching gradually from our waited target at 0.6400, noting that surpassing this level will lead the price to continue the bullish wave and achieve additional gains that reach 0.6490 followed by 0.6545.

Therefore, the bullish trend scenario will remain suggested in the upcoming sessions unless breaking 0.6285 and holding below it.

The expected trading range for today is between 0.6330 support and 0.6440 resistance

The expected trend for today: Bullish

Origin: Economies

 

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