The AUDUSD faces solid resistance – Analysis - 26-05-2022
Economies.com
2022-05-26 04:06AM UTC
The AUDUSD pair finds difficulty to surpass 0.7100 level, to show some bearish bias now, and it migh lean on 0.7045 level before turning back to rise again.
Until now, the bullish trend scenario still valid and active for the upcoming period unless breaking 0.7045 and holding below it, reminding you that breaching 0.7100 is required to rally towards 0.7165 as a next positive target.
The expected trading range for today is between 0.7045 support and 0.7140 resistance
The expected trend for today: Bullish
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