The AUDUSD keeps its positive stability – Analysis 03-11-2023

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair settles above 0.6400 level, to keep the bullish trend scenario active for the upcoming period, waiting to visit 0.6475 followed by 0.6545 as main targets.

Stochastic attempts to get rid of its negative momentum to support the continuation of the expected rise, which will remain valid unless breaking 0.6400 and holding below it again.

The expected trading range for today is between 0.6390 support and 0.6490 resistance

The expected trend for today: Bullish

Origin: Economies

 

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