The AUDUSD touches the target – Analysis 08-11-2023

forex-news-aud_1The AUDUSD pair managed to touch our waited target at 0.6400, and finds solid support there to show some bullish bias now, affected by stochastic positivity, to head towards achieving intraday gains that might reach 0.6545.

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 0.6400 will push the price to resume the bearish track and head towards 0.6340 as a next negative station.

The expected trading range for today is between 0.6380 support and 0.6490 resistance

The expected trend for today: Bullish

Origin: Economies

 

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