The AUDUSD tests the support base – Analysis - 10-12-2021

Economies.com
2021-12-10 05:25AM UTC

The AUDUSD pair tested 0.7125 level and bounced bullishly from there, supported by the positive overlapping signal provided by stochastic, which supports the chances of achieving more expected rise in the upcoming sessions, waiting to test 0.7205 as a next positive station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period as long as 0.7125 level remains intact.

 

The expected trading range for today is between 0.7125 support and 0.7200 resistance

 

The expected trend for today: Bullish

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