The AUDUSD gets a positive motive – Analysis 19-12-2023

forex-news-aud_1The AUDUSD pair begins today positively in attempt to resume the main bullish trend, motivated by the positive overlapping signal provided by stochastic, waiting to visit 0.6780 that represents our next main target.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.6665 and holding below it.

The expected trading range for today is between 0.6680 support and 0.6780 resistance

The expected trend for today: Bullish

Origin: Economies

 

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