Midday update for the AUDUSD 20-05-2022
Economies.com
2022-05-20 09:21AM UTC
The AUDUSD pair shows additional positive trades to breach 0.7045 level and attempts to hold above it, to head towards achieving more expected bullish correction in the upcoming sessions, making the bullish bias suggested for the rest of the day, targeting 0.7100 followed by 0.7165 levels as next positive stations, taking into consideration that the continuation of the suggested rise depends on the price stability above 0.7045.
The expected trading range for today is between 0.7030 support and 0.7140 resistance
The expected trend for today: Bullish for the rest of the day
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