Midday update for the AUDUSD 25-07-2022

Economies.com
1 year ago

The AUDUSD pair shows more bullish bias to breach 0.6910 level and move away from it, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to test 0.6980 level initially, noting that breaching this level will extend the bullish wave to reach 0.7050 as a next main target, noting that holding above 0.6910 and 0.6875 levels is important to achieve the suggested targets.

 

The expected trading range for today is between 0.6900 support and 0.7000 resistance

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The expected trend for today: Bullish

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