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The AUDUSD resumes rising – Analysis - 21-05-2020
The AUDUSD pair returned to rise after the sideways fluctuation that it witnessed in the previous sessions, to resume the main bullish track that moves organized inside the bullish channel, and the way is open to achieve our next waited target at 0.6685.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that holding above 0.6555 represents initial condition to continue the expected rise.
The expected trading range for today is between 0.6530 support and 0.6685
The expected trend for today: Bullish
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