The AUDUSD attempts to consolidate above the support – Analysis 23-11-2023

newzeeland_dollarThe AUDUSD pair faced negative pressure yesterday to attack 0.6545 level, but it returned to fluctuate above it, to keep the bullish trend scenario valid and active, waiting to head towards 0.6605 followed by 0.6660 levels that represent sour next main targets.

Stochastic provides positive signals that support the continuation of the expected rise, which will remain valid conditioned by the price stability above 0.6545.

The expected trading range for today is between 0.6510 support and 0.6610 resistance

The expected trend for today: Bullish

Origin: Economies

 

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