The AUDUSD keeps its positive stability – Analysis - 25-10-2021

Economies.com
2021-10-25 04:25AM UTC

The AUDUSD pair made new test to 0.7455 level and bounced bullishly from there, which supports the continuation of the expected bullish trend for the upcoming period, which gets good support by the EMA50 and stochastic, waiting to visit 0.7545 level initially.

 

Breaching the targeted level will extend the bullish wave to 0.7615, while breaking 0.7455 will put the price under additional correctional bearish pressure on the intraday basis.

 

Advertistment

The expected trading range for today is between 0.7455 support and 0.7545 resistance

 

The expected trend for today: Bullish

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