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HomeCurrenciesAUDUSD Exceeds Initial Target and Continues to Advance

AUDUSD Exceeds Initial Target and Continues to Advance

The AUDUSD pair has successfully attained our awaited first target at 0.6475 and has gone beyond it to approach the second target at 0.6545. This advance indicates the potential for further gains in the upcoming trading sessions, with the next favorable objective set at 0.6634.

Consequently, the scenario of a bullish trend remains valid and in play. It is crucial to bear in mind that a breach of the 0.6400 level could put a halt to the envisioned ascent and lead to a potential decline in the price.

The projected trading range for today is expected to fluctuate between the support at 0.6470 and the resistance at 0.6565.

The prevailing trend for today is decidedly bullish.