FX.co - AUD/USD Update for July 27,2021

2021-07-27T12:00:27

Relevance until2021-07-27

Technical analysis:

AUD/USD Update for July 27,2021

AUD/USD has been downside this morning but we I found the extreme condition and the breakout of the balance mode to the upside.

Trading recommendation:

Watch for buying opportunities on the intraday dips with the upside targets at the price of 0,7388 and 0,7415.

Stochastic is showing fresh bull cross, which is sign that buyers are in control...

Key support is set at the price of 0,7330

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ AUD/USD Update for July 27,2021