Midday update for the AUDUSD 10-05-2021

Economies.com
2021-05-10 10:12AM UTC

The AUDUSD pair shows additonial positive trades to approach our next target at 0.7900, expecting to continue the rise to surpass this level and head towards 0.8000 areas on the near term basis.

 

Therefore, the positive scenario will remain valid for the upcoming period conditioned by the price stability above 0.7815 and 0.7765 levels.

 

The expected trading range for today is between 0.7815 support and 0.7920 resistance

 

The expected trend for today: Bullish

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