The AUDUSD price gets a positive motive – Forecast today – 29-08-2024

newzeeland_dollarThe AUDUSD price shows new positive trades by today’s open, to reinforce the expectations of continuing the bullish trend on the intraday and short-term basis, organized inside the bullish channel that supports the chances of achieving our waited target at 0.6870$.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 0.6728$.

The expected trading range for today is between 0.6750$ support and 0.6850$ resistance

Trend forecast: Bullish

Origin: Economies

 

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