The AUDUSD price approaches the target – Forecast today – 30-09-2024

rub-l11The AUDUSD price shows new positive trades by today’s open, to attempt to approach the waited target at 0.6965$, expecting the continuation of the bullish wave within the bullish channel that appears on the chart to achieve additional positive targets that reach 0.7060$ as a next positive station.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6890$ will stop the expected rise and push the price to start bearish correction on the intraday basis.

The expected trading range for today is between 0.6880$ support and 0.6980$ resistance

Trend forecast: Bullish

Origin: Economies

 

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