The AUDUSD faces negative pressure – Analysis - 08-08-2022
1 year ago

The AUDUSD pair traded with strong negativity in the previous sessions to attack 0.6910 level, but it closed the daily candlestick exactly at this level, to start today with bullish bias that hints heading to resume the bullish trend, which its targets begin at 0.6980 and extend to 0.7050.


Therefore, our bullish overview will remain valid and active conditioned by the price stability above 0.6910.



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

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