The AUDUSD faces solid resistance – Analysis - 10-08-2022

Economies.com
2022-08-10 04:00AM UTC

The AUDUSD pair shows some slight bearish bias affected by the strength of 0.6980 level, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the bullish wave that its next target located at 0.7050.

 

Therefore, our bullish overview will remain valid and active for the upcoming period, reminding you that it is important to hold above 0.6910 to achieve the waited targets.

 

The expected trading range for today is between 0.6930 support and 0.7030 resistance

 

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The expected trend for today: Bullish

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