The AUDUSD builds support base – Analysis - 15-10-2021

Economies.com
2021-10-15 04:13AM UTC

The AUDUSD pair settles above the support base formed above 0.7405, waiting to resume the positive trades to head towards 0.7478 that represents our next target.

 

In general, we will continue to suggest the bullish trend for the upcoming period as long as 0.7360 remains intact, noting that the EMA50 continues to support the expected bullish wave.

 

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The expected trading range for today is between 0.7370 support and 0.7470 resistance

 

The expected trend for today: Bullish

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