The AUDUSD breaches the resistance – Analysis - 08-10-2021

Economies.com
2021-10-08 04:15AM UTC

The AUDUSD pair breached 0.7290 level clearly and settled above it, to head towards achieving additional expected gains in the upcoming sessions, waiting to visit 0.7360 as a next station.

 

Therefore, the bullish bias will be suggested on the intraday basis, noting that breaking 0.7290 will stop the positive scenario and press on the price to decline again.

 

The expected trading range for today is between 0.7250 support and 0.7370 resistance

 

The expected trend for today: Bullish

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