The AUDUSD within sideways track – Analysis 29-12-2023

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair fluctuates within sideways track since yesterday, settling around 0.6830, waiting to resume the bullish wave that targets 0.6925 as a next main station, supported by stochastic current positivity.

Therefore, the bullish trend scenario still active, noting that breaking 0.6830 might force the price to achieve intraday decline that targets visiting 0.6780 before any new positive attempt.

The expected trading range for today is between 0.6790 support and 0.6890 resistance

The expected trend for today: Bullish

Origin: Economies

 

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