The AUDUSD touches the negative target – Analysis - 20-06-2022

Economies.com
1 year ago

The AUDUSD pair succeeded to achieve our waited target at 0.6930 and found solid support there, to start trading positively now, to head towards achieving expected gains in the upcoming sessions, targeting 0.6995 followed by 0.7045 levels as next main stations.

 

Therefore, we expect to witness more rise today, supported by stochastic positivity, noting that breaking 0.6930 will stop the positive scenario and press on the price to decline again.

 

Advertistment

The expected trading range for today is between 0.6920 support and 0.7020 resistance

 

Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar loses ground but still heads for best quarterly performance in a year
1 day ago
Dollar fell off ten-month highs against a basket of major rivals while on track for the largest ...
EUR/USD news

Forex

Euro resumes gains as dollar heaps pressure
1 day ago
Euro rose on Friday against a basket of major rivals amid mounting pressures on the US dollar ...
USD/JPY news

Forex

Yen rebounds from 11-month nadir
1 day ago
Dollar fell against yen on Friday after yen marked 11-month lows recently following strong hints by ...

Forex Technical Analysis

NZD USD Analysis

Forex

Midday update for the NZDUSD 29-09-2023
1 day ago
The NZDUSD pair managed to achieve our waited target at 0.6020 and breaches it to attempt to hold ...
AUD USD Analysis

Forex

Midday update for the AUDUSD 29-09-2023
1 day ago
The AUDUSD pair shows more bullish rally to approach 0.6500 barrier, reinforcing the expectations ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 29-09-2023
1 day ago
The GBPUSD pair shows more rise to reach the thresholds of the waited target at 1.2280, and the way ...