The AUDUSD surpasses the target – Analysis - 01-12-2022

The AUDUSD pair breached 0.6767 level strongly and settled above it, to support the expectations of continuing the bullish trend on the intraday and short term basis, opening the way to achieve additional positive targets that start at 0.6840 and extend to 0.6900.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above the support base formed above 0.6767.

The expected trading range for today is between 0.6750 support and 0.6870 resistance

The expected trend for today: Bullish