The AUDUSD resumes the rise – Analysis - 05-01-2022

2022-01-05 05:04:13 GMT (Economies.com)
 

The AUDUSD pair resumed its positive trades after testing the bullish channel’s support line, to head towards the first waited target at 0.7275, and we expect to surpass this level to visit the next correctional level at 0.7340.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7195.

 

The expected trading range for today is between 0.7190 support and 0.7280 resistance

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1342
-0.0062
0.5459%
1.3611
-0.0047
0.3438%
Tadawul
12260.13
73.83
0.61%
24.140
1.129
4.904%
85.114
1.245
1.484%
87.68
0.15
0.17%
1840.010
19.550
1.074%
 
 
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