Midday update for the AUDUSD 08-08-2022

Economies.com
2022-08-08 10:20AM UTC

The AUDUSD pair shows additional positive trades to surpass the bearish channel’s resistance and reinforce the expectations of continuing the bearish trend, which targets 0.6980 followed by 0.7050 as main stations, reminding you that it is important to hold above 0.6910 to achieve these targets.

 

The expected trading range for today is between 0.6880 support and 0.7000 resistance

 

The expected trend for today: Bullish

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