The AUDUSD surpasses the target – Analysis - 20-10-2021

Economies.com
2021-10-20 04:19AM UTC

The AUDUSD pair managed to breach 0.7478 level and attempts to build support base above it, to support the chances of continuing the bullish trend on the short term and medium term basis, paving the way to head towards 0.7550 followed by 0.7615 levels as next main targets.

 

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.7440 and holding below it.

 

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The expected trading range for today is between 0.7450 support and 0.7550 resistance

 

The expected trend for today: Bullish

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