Midday update for the AUDUSD 04-08-2022

Economies.com
2022-08-04 13:04PM UTC

The AUDUSD pair managed to touch our first waited target at 0.6980 and attempts to breach it, reinforcing the expectations of continuing the bullish wave and head to visit 0.7050 as a next target, to keep our bullish overview conditioned by the price stability above 0.6910.

 

The expected trading range for today is between 0.6910 support and 0.7020 resistance

 

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The expected trend for today: Bullish

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