The AUD/USD faces solid resistance – Analysis – 21/05/2021

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair finds difficulty to surpass 0.7765 level, to show some slight bearish bias now, affected by stochastic negativity, waiting to get enough positive momentum to push the price to resume the bullish trend that its next main target located at 0.7890.

Until now, the bullish trend scenario will valid and active unless breaking 0.7710 and holding below it.

The expected trading range for today is between 0.7710 support and 0.7820 resistance

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply