Forex

Midday update for the AUDUSD 30-11-2020

2020-11-30 11:35:38 GMT (Economies.com)

The AUDUSD pair fluctuates at the intraday bullish channel’s support line, while stochastic begins the attempts to get rid of the negative momentum, waiting to get positive momentum that assists to push the price to breach 0.7413 level and confirm opening the way to head towards 0.7530 that represents our next main target.

 

In general, the bullish trend scenario will remain suggested for today unless breaking 0.7335 level and holding below it.

 

The expected trading range for today is between 0.7335 support and 0.7460

 

The expected trend for today: Bullish

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