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Evar_Mayi
Nov 8, 2023 11:13 AM

AUDUSD touches the target 

Australian Dollar/U.S. DollarFXCM

Description

The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .


From here, we expect to witness further rise in the coming sessions, keeping in mind that breaking 0.6400 will put pressure on the price to resume the downward path and head towards 0.6367as the next negative station.

Pivot Price: 0.6400
Resistance prices: 0.4668 &0.6491 & 0.6519
Support prices: 0.6367 & 0.6328 & 0.6285

The general trend expected for today: bullish

timeframe: 4H
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