The AUDUSD begins with strong positivity – Analysis - 27-05-2022

Economies.com
2022-05-27 04:23AM UTC

The AUDUSD pair opens today with strong rise to surpass 0.7100 level and approaches our waited target at 0.7165, and we expect the continuation of the rise to breach the mentioned level and open the way to achieve more gains that reach 0.7265.

 

Therefore, the bullish trend will remain dominant in the upcoming sessions supported by the EMA50, conditioned by the price stability above 0.7100.

 

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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