The AUDUSD approaches the target – Analysis - 15-01-2021
Economies.com
2021-01-15 04:55AM UTC
The AUDUSD pair traded with clear positivity yesterday to approach our waited target at 0.7820, noticing that the price begins today with bearish bias to head towards potential test to the EMA50, affected by stochastic positivity, waiting to get enough positive momentum to push the price to resume the main bullish trend again.
Holding above 0.7710 is important to continue the expected rise, noting that surpassing the mentioned target will extend the bullish wave to reach 0.7910 as a next main station.
The expected trading range for today is between 0.7710 support and 0.7820
The expected trend for today: Bullish
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