The AUDUSD keeps its positive stability – Analysis - 26-11-2020

Economies.com
2020-11-26 04:52AM UTC

The AUDUSD pair resumes its positive trades after testing 0.7340 level, to keep the bullish trend scenario valid and active for the upcoming period, supported by the EMA50 that carries the price from below, waiting to visit 0.7413 as a next target.

 

Holding above 0.7305 is important to continue the expected rise, which its targets extend to 0.7530 after surpassing 0.7413.

 

The expected trading range for today is between 0.7305 support and 0.7430

 

The expected trend for today: Bullish

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