The AUD/USD is stable – Analysis – 23/07/2020

forex-news-aud_1The AUDUSD pair settles around 0.7140 level, noticing that stochastic gets rid of its negativity to approach the oversold areas, waiting to motivate the price to resume the main bullish trend, which targets 0.7200 level as a next main station.

Therefore, we will keep our bullish overview unless breaking 0.7000 level and holding below it.

The expected trading range for today is between 0.7080 support and 0.7200

The expected trend for today: Bullish

Origin: Economies

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