The AUDUSD approaches the first target – Analysis - 27-10-2021
Economies.com
2021-10-27 04:29AM UTC
The AUDUSD pair provided positive trades by today’s open to approach our first waited target at 0.7545, reinforcing the expectations of continuing the bullish trend, which its targets extend to 0.7615.
The EMA50 keeps supporting the suggested bullish wave, noting that breaking 0.7455 will stop the positive scenario and press on the price to achieve some bearish correction before turning back to rise again.
The expected trading range for today is between 0.7470 support and 0.7570 resistance
The expected trend for today: Bullish
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