48
The AUD/USD exchange rate is exhibiting a bullish trend as it prepares to test the $0.6795 level, marking the first positive target. Stochastic indicators are showing positive overlaps, suggesting continued upward momentum in the near term, with a subsequent target set at $0.6870.
The bullish outlook is maintained for the foreseeable future unless the price breaks below $0.6728 and holds under that level.
Advertisements
The expected trading range for today is between $0.6720 support and $0.6820 resistance.
Advertisements
Trend Forecast: Bullish
