The AUDUSD continues to rise – Analysis - 02-08-2022

2022-08-02 04:14:56 GMT (Economies.com)
 

The AUDUSD pair keeps providing the positive trades, and reached the thresholds of 0.7050 level, organized inside bullish channel that supports the chances of surpassing the mentioned level and hed to achieve new positive targets that reach 0.7140.

 

The EMA50 keeps supporting the price from below, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 0.6980.

 

The expected trading range for today is between 0.6980 support and 0.7070 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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