The AUDUSD resumes the rise – Analysis - 01-02-2023
4 months ago

The AUDUSD pair bounced upwards clearly to start attempts to beach 0.7060, showing more bullish bias now to support the chances of achieving more expected rise in the upcoming sessions, paving the way to regain the main bullish trend, targeting 0.7140 followed by 0.7200 areas as next main stations.


Therefore, the bullish bias will be expected for today, noting that breaking 0.6990 will stop the positive scenario and force the price to test 0.6900 areas before any new attempt to rise.


The expected trading range for today is between 0.7010 support and 0.7140 resistance


The expected trend for today: Bullish

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