The AUDUSD consolidates above the key support – Analysis - 03-08-2022

2022-08-03 03:54:38 GMT (Economies.com)
 

The AUDUSD pair continued to decline to reach 0.6910 level, noticing that the price begins today with clear positivity to hint resuming the correctional bullish trend, to suggest the bullish bias in the upcoming sessions, targeting 0.6980 followed by 0.7050 levels as next main stations.

 

Stochastic provide positive signals that support the expected rise, which will remain valid unless breaking 0.6910 and holding below it.

 

The expected trading range for today is between 0.6880 support and 0.7000 resistance

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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