The AUDUSD awaits more rise – Analysis - 30-01-2023

Economies.com
2023-01-30 05:04AM UTC

The AUDUSD pair shows sideways trades and settles around 0.9100 level, waiting to gather enough positive momentum to push the price to resume the bullish wave that its next target located at 0.7200.

 

Therefore, we will keep our bullish overview that gets continuous support by the EMA50 unless breaking 0.7060 and holding below it.

 

The expected trading range for today is between 0.7060 support and 0.7170 resistance

 

The expected trend for today: Bullish

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