The AUDUSD pair finds solid resistance at 0.6980, to show some temoprary bearish bias, noticing that stochastic gains the positive momentum gradually, waiting to motivate the price to resume the bullish bias and breach the mentioned level to confirm heading towards 0.7050 as a next station.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.6910 and holding below it.

The expected trading range for today is between 0.6910 support and 0.7030 resistance

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0265	0.0067	0.6597%
Midday update for the EURUSD 12-08-2022
	GBP/USD	1.2139	0.0022	0.1816%

	Silver	20.583	0.219	1.075%

	Oil	92.262	3.784	4.277%
Midday update for Crude oil 12-08-2022
	Brent Oil	97.88	-1.74	1.75%

	Gold	1796.970	15.295	0.859%
Midday update for Gold 12-08-2022

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