The AUDUSD surpasses the first target – Analysis - 13-01-2022

2022-01-13 05:03:41 GMT (Economies.com)
 

The AUDUSD pair managed to achieve our first waited target at 0.7275 and breached it to settle above it, paving the way to visit the next correctional level at 0.7340, waiting for more rise in the upcoming sessions within the bullish channel that appears on the chart.

 

Holding above 0.7275 represents initial condition to continue the bullish wave, as breaking it will press on the price to test 0.7205 areas initially before determining the next destination clearly.

 

The expected trading range for today is between 0.7240 support and 0.7340 resistance

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5454%
1.3609
-0.0048
0.3525%
Tadawul
12260.13
73.83
0.61%
24.121
1.109
4.817%
85.118
1.249
1.489%
88.44
0.93
1.06%
1840.095
19.635
1.079%
 
 
Live Forex Updates