The AUD/USD gathers the positive momentum – Analysis – 22/01/2021

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair finds difficulty to surpass 0.7775 level, to show some slight bearish bias, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next targets located at 0.7820 followed by 0.7900.

We remind you that the continuation of the bullish wave requires holding above 0.7725.

The expected trading range for today is between 0.7700 support and 0.7820

The expected trend for today: Bullish

Origin: Economies

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