The AUDUSD keeps its positive stability – Analysis 26-01-2024

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair consolidated above 0.6570 level, and begins to provide positive trades by today’s open, hinting heading to resume the expected bullish trend on the intraday basis, which targets 0.6640 as a next station.

Stochastic provides positive signals that support the suggested bullish trend scenario, which will remain valid unless breaking 0.6570 and holding with a daily close below it.

The expected trading range for today is between 0.6550 support and 0.6650 resistance

The expected trend for today: Bullish

Origin: Economies

 

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