The AUDUSD attempts positively – Analysis 30-01-2024

forex-news-aud_1The AUDUSD pair provided positive trades yesterday to settle above the EMA50, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our waited target at 0.6640, noting that breaching this level will extend the bullish wave to reach 0.6700 followed by 0.6728 as next stations.

Holding above 0.6570 is important to achieve the suggested targets, as breaking it will push the price to achieve additional bearish correction that its next target reaches 0.6500.

The expected trading range for today is between 0.6570 support and 0.6670 resistance

The expected trend for today: Bullish

Origin: Economies

 

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