The AUDUSD continues to rise – Analysis - 02-08-2022
Economies.com
2022-08-02 04:14AM UTC
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
The expected trend for today: Bullish
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