The AUDUSD resumes the rise – Analysis - 14-10-2021

Economies.com
2021-10-14 04:29AM UTC

The AUDUSD pair managed to breach 0.7360 level and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, approaching our waited target at 0.7405, and the chances valid to surpass this level and head towards the recently recorded high at 0.7478.

 

Therefore, the bullish bias will remain expected on the intraday basis, noting that holding above 0.7360 represents the first condition to continue the expected bullish wave.

 

The expected trading range for today is between 0.7350 support and 0.7440 resistance

 

The expected trend for today: Bullish

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