The AUDUSD hits the first target – Analysis 28-11-2023

forex-news-aud_1The AUDUSD pair managed to achieve our first target at 0.6605 and breached it by today’s open to confirm the continuation of the bullish trend domination on the intraday basis, and the way is open to visit 0.6660 that represents our next target.

The EMA50 continues to support the expected rise, and breaching the last level will extend the bullish wave to reach 0.6780 areas on the near-term basis, while the bullish trend will remain valid unless breaking 0.6020 and holding below it.

The expected trading range for today is between 0.6580 support and 0.6680 resistance

The expected trend for today: Bullish

Origin: Economies

 

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