The AUDUSD keeps its positive stability – Analysis - 29-07-2022
Economies.com
10 months ago
The AUDUSD pair faced temporary negative pressure yesterday but it closed the daily candlestick above 0.6980, to keep the bullish trend scenario active, waiting to head towards 0.7050 that represents our next target.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 0.6980 and the most important above 0.6910.
The expected trading range for today is between 0.6970 support and 0.7050 resistance
The expected trend for today: Bullish
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