The AUDUSD attempts to breach – Analysis - 02-07-2020
Economies.com
2020-07-02 04:36AM UTC
The AUDUSD pair continues the attempts to surpass the symmetrical triangle’s resistance, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, supported by moving above the EMA50, waiting to visit 0.7064 level as a next main target.
Stochastic begins to get rid of its negative momentum, waiting to motivate the price to rally towards the mentioned target, reminding you that it is important to hold above 0.6840 to continue the expected rise.
The expected trading range for today is between 0.6860 support and 0.7000
The expected trend for today: Bullish
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