The AUDUSD is forced for some decline – Analysis - 24-11-2020
Economies.com
2020-11-24 02:40AM UTC
The AUDUSD pair provided negative trades yesterday after facing solid resistance at 0.7340, to test the ascending triangle’s support line that appears on the chart, noticing that the price begins to rise now, waiting to surpass the mentioned resistance to confirm opening the way to head towards our main positive target at 0.7413.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7270 followed by 0.7210 levels and holding below them.
The expected trading range for today is between 0.7260 support and 0.7400
The expected trend for today: Bullish
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