The AUDUSD gets a positive signal – Analysis - 12-05-2021

Economies.com
2021-05-12 00:03AM UTC

The AUDUSD pair keeps its stability above the key support base 0.7810, to keep the bullish trend valid and active for the upcoming period, motivated by stochastic positivity, waiting to visit 0.7900 initially.

 

Breaching the targeted level will extend the bullish wave to 0.8000, while breaking 0.7810 will press on the price to test 0.7765 areas before any new positive attempt.

 

The expected trading range for today is between 0.7800 support and 0.7900 resistance

 

The expected trend for today: Bullish

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