The AUDUSD faces temporary negative pressure – Analysis - 08-01-2021
Economies.com
2021-01-08 03:49AM UTC
The AUDUSD pair attempted to break 0.7740 yesterday but it returned to settle above it, which keeps the bullish trend scenario valid and active, supported by stochastic and the EMA50 positivity, waiting to head towards 0.7905 as a next station.
Note that the continuation of the bullish trend requires holding above 0.7740 – 0.7715 levels.
The expected trading range for today is between 0.7715 support and 0.7840
The expected trend for today: Bullish
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