The AUDUSD price resumes the rise – Forecast today – 11-07-2024

newzeeland_dollarThe AUDUSD price opens today’s trading with clear positivity to move away from 0.6728$ level, reinforcing the expectations of continuing the bullish trend, which targets 0.6800$ as a next station.

The bullish channel organizes the suggested bullish wave, which gets good support by the EMA50, reminding you that it is important to hold above 0.6728$ to continue the expected rise.

The expected trading range for today is between 0.6720$ support and 0.6820$ resistance

Trend forecast: Bullish

Origin: Economies

 

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