The AUDUSD keeps rising – Analysis - 24-01-2023

Economies.com
2023-01-24 04:28AM UTC

The AUDUSD pair continues to provide the positive trades to approach our extended target at 0.7060, and we suggest the continuation of the bullish bias to visit 0.7135 followed by 0.7200 levels as next positive stations.

 

Therefore, the bullish trend scenario will remain active for the upcoming period, noting that breaking 0.7000 might press on the price to achieve temporary bearish correction and test 0.6935 areas initially before any new attempt to rise.

 

The expected trading range for today is between 0.6975 support and 0.7100 resistance

 

The expected trend for today: Bullish

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