Midday update for the AUDUSD 27-05-2022

Economies.com
2022-05-27 08:58AM UTC

The AUDUSD pair shows more bullish bias to approach 0.7165 level, and returns to the intraday bullish channel to reinforce the expectations of surpassing the mentioned level and extend the bullish wave towards 0.7265 as a next positive station, to continue suggesting the bullish trend unless breaking 0.7100 and holding below it.

 

The expected trading range for today is between 0.7100 support and 0.7200 resistance

 

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The expected trend for today: Bullish

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