The AUDUSD achieves strong gains – Analysis - 24-11-2022

Economies.com
2 months ago

The AUDUSD pair rallied upwards strongly to breach 0.6650 and reach 0.6767 level now, to head towards achieving more expected gains in the upcoming period, noting that breaching the last level will push the price to 0.6900 areas as a next main station.

 

Therefore, we expect the continuation of the bullish bias in the upcoming sessions, noting that failing to breach 0.6767 will press on the price to rebound bearishly and test 0.6650 areas before any new attempt to rise.

 

The expected trading range for today is between 0.6710 support and 0.6840 resistance

 

The expected trend for today: Bullish

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