The AUD/USD continues to achieve targets – Analysis – 10/05/2021

aud_newsThe AUDUSD pair rallied upwards strongly to surpass our second target at 0.7835 and settles above it, rienforcing the expectations of continuing the bullish trend, and the way is open to head towards 0.7900 that represents our next station.

The EMA50 continues to support the expected bullish wave, noting that its continuation depends on the price stability above 0.7815 and the most important above 0.7765.

The expected trading range for today is between 0.7815 support and 0.7920 resistance

The expected trend for today: Bullish

Origin: Economies

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