The AUDUSD approaches the first target – Analysis - 06-05-2021
Economies.com
2021-05-06 00:46AM UTC
The AUDUSD pair shows positive trades to reach the thresholds of the first waited target at 0.7765, and we believe that the chances valid to surpass this level and achieve extended positive targets that reach 0.7835 followed by 0.7900.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7710 and the most important above 0.7660.
The expected trading range for today is between 0.7700 support and 0.7820 resistance
The expected trend for today: Bullish
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