The AUDUSD gets a positive signal – Analysis 08-02-2024

newzeeland_dollarThe AUDUSD pair shows sideways trades since yesterday, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets testing 0.6570 initially.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6500 will stop the positive scenario and push the price to resume the main bearish wave again.

The expected trading range for today is between 0.6490 support and 0.6590 resistance

The expected trend for today: Bullish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply