The AUDUSD touches the first target – Analysis - 18-11-2022

Economies.com
2022-11-18 04:48AM UTC

The AUDUSD pair succeeded to touch our waited target at 0.6650 and bounced upwards clearly from there, to head towards resuming the bullish track on the intraday and short term basis, on its way to test 0.6767 initially, noting that breaching this level will push the price to 0.6870 as a next positive station.

 

Therefore, the bullish will be suggested for today conditioned by the price stability above 0.6650.

 

The expected trading range for today is between 0.6665 support and 0.6790 resistance

 

The expected trend for today: Bullish

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