The AUDUSD needs the positive momentum – Analysis - 24-05-2022
Economies.com
2022-05-24 04:19AM UTC
The AUDUSD pair shows some bearish bias to approach the intraday bullish channel’s support line, getting continuous positive support by the EMA50, waiting to resume the bullish wave that its next target located at 0.7165.
Until now, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7045 and holding below it.
The expected trading range for today is between 0.7045 support and 0.7165 resistance
The expected trend for today: Bullish
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