The AUDUSD keeps achieving the positive targets – Analysis 29-11-2023

forex-news-audThe AUDUSD pair succeeded to reach the second target at 0.6660, facing solid resistance there, and we suggest surpassing this level to achieve additional gains that extend to 0.6700 followed by 0.6780 on the near-term basis.

Therefore, the bullish trend scenario will remain active for the upcoming period, noting that failing to breach 0.6660 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 0.6600 support and 0.6710 resistance

The expected trend for today: Bullish

Origin: Economies

 

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