The AUDUSD achieves new gains – Analysis - 17-11-2020

Economies.com
2020-11-17 05:28AM UTC

The AUDUSD pair managed to surpass 0.7300 barrier and settles above it now, which supports the continuation of the expected bullish trend for the upcoming period, which targets 0.7413 as a next main station.

 

The EMA50 keeps supporting the price from below to reinforce the positive overview, which will remain valid conditioned by the price stability above 0.7210.

 

The expected trading range for today is between 0.7270 support and 0.7400

 

The expected trend for today: Bullish

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