The AUD/USD awaits the breach – Analysis – 29/05/2020

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair provided positive trades yesterday but it faces solid resistance at 0.6685, waiting to get positive motive that assists to push the price to breach this level and open the way to head towards our next positive target at 0.6774.

Until now, the bullish trend scenario still valid and suggested for the upcoming period conditioned by the price stability above 0.6580.

The expected trading range for today is between 0.6580 support and 0.6720

The expected trend for today: Bullish

Origin: Economies

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