The AUDUSD hits the first target – Analysis - 09-04-2020
Economies.com
2020-04-09 04:31AM UTC
The AUDUSD pair succeeded to achieve our first waited target at 0.6236, starting today with bullish bias in attempt to breach this level, which supports the chances of extending the bullish wave in the upcoming period, waiting to head towards 0.6407 as a next station.
Therefore, the bullish trend will remain suggested on the intraday and short term basis, organized inside the bullish channel that appears on the chart, noting that breaking 0.6097 will stop the positive scenario and puts the price under the negative pressure again.
The expected trading range for today is between 0.6150 support and 0.6340
The expected trend for today: Bullish
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