The AUDUSD begins with new positivity – Analysis 11-01-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair shows new positive trades by today’s open to attempt to return to the main bullish channel, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our first main target is located at 0.6780.

Breaching 0.6725 will confirm the continuation of the bullish trend domination, while breaking 0.6665 represents negative factor that will push the price to turn to decline.

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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