The AUDUSD rises calmly – Analysis 30-10-2023

aud_newsThe AUDUSD pair shows more bullish bias to gradually approach our waited target at 0.6400, noticing that stochastic gains the positive momentum clearly, to support the chances of continuing the rise on the intraday basis, noting that surpassing the mentioned level will extend the bullish wave to reach 0.6475 as a next positive target

On the other hand, we should note that breaking 0.6285 will stop the positive scenario and put the price under the negative pressure again.

The expected trading range for today is between 0.6290 support and 0.6400 resistance

The expected trend for today: Bullish

Origin: Economies

 

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