Forex

Midday update for the AUDUSD 23-10-2020

2020-10-23 10:37:53 GMT (Economies.com)

The AUDUSD pair shows more bullish bias to approach the key resistance 0.7185, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested negative scenario and push the price to achieve more gains on the intraday and short term basis, while the main target of the suggested bearish wave is located at 0.6964.

 

The expected trading range for today is between 0.7050 support and 0.7180

 

The expected trend for today: Bearish

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