The AUDUSD gets a positive motive – Analysis 10-01-2024

forex-news-audThe AUDUSD pair settles below the bullish channel’s support line, noticing that the price begins today positively to attempt to return to this channel, motivated by the positive overlapping signal provided by stochastic now, waiting for more rise to visit 0.6780 as a first main target.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6665 and holding with a daily close below it.

The expected trading range for today is between 0.6660 support and 0.6760 resistance

The expected trend for today: Bullish

Origin: Economies

 

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