The AUDUSD approaches the target – Analysis - 29-12-2021
Economies.com
2021-12-29 04:48AM UTC
The AUDUSD pair provided positive trades yesterday and approached our waited target at 0.7275, and bounced bearishly to lean on 0.7205 level, noticing that the price begins today with new bullish bias, motivated by stochastic positivity, waiting for more rise to surpass 0.7275 and open the way to visit 0.7340 as a next positive target.
Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.7205.
The expected trading range for today is between 0.7180 support and 0.7290 resistance
The expected trend for today: Bullish
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