The AUDUSD needs the positive momentum – Analysis 12-09-2023

forex-news-aud_1The AUDUSD pair keeps its stability above 0.6400, to keep the bullish trend scenario valid and active, waiting to visit 0.6545 as a next main target.

Stochastic current negativity hinders the mission to rise, waiting to gather positive momentum that assist to push the price to achieve the suggested targets, reminding you that holding above 0.6400 represents key condition to continue the expected bullish wave.

The expected trading range for today is between 0.6390 support and 0.6490 resistance

The expected trend for today: Bullish

Origin: Economies

 

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