The AUDUSD is affected by the negative momentum – Analysis - 15-08-2022
Economies.com
2022-08-15 04:12AM UTC
The AUDUSD pair shows sideways trades in the previous sessions, affected by stochastic negativity to head towards achieving expected temporary decline that might target testing the key support base 0.7050 before turning back to rise again.
In general, we expect the continuation of the bullish trend domination as long as the price is above the mentioned level, noting that breaching 0.7140 is required to confirm extending the bullish wave towards 0.7200.
The expected trading range for today is between 0.7060 support and 0.7170 resistance
The expected trend for today: Bullish
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