The AUDUSD keeps its positive stability – Analysis - 28-10-2021

Economies.com
2021-10-28 04:13AM UTC

The AUDUSD pair returns to rise after the temporary decline that it witnessed yesterday, as the EMA50 managed to protect the pair from suffering more losses, to keep the bullish trend scenario active for the upcoming period, waiting to visit 0.7545 followed by 0.7615 levels as main targets.

 

We remind you that breaking 0.7455 will stop the expected rise and press on the price to turn to decline on the intraday basis.

 

The expected trading range for today is between 0.7470 support and 0.7570 resistance

 

The expected trend for today: Bullish

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