The AUDUSD succeeds to breach – Analysis - 01-06-2020

Economies.com
2020-06-01 04:30AM UTC

The AUDUSD pair begins today’s trading with strong rise to manage to breach 0.6685 and hold above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to head towards 0.6774 that represents our next main target.

 

Therefore, the bullish trend will remain valid and active conditioned by the price stability above 0.6685 and the most important above 0.6605, noting that the EMA50 supports the expected rise.

 

The expected trading range for today is between 0.6670 support and 0.6800

 

The expected trend for today: Bullish

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