AUD USD breaks the support – Analysis - 30/03/2015
Economies.com
2015-03-30 04:59AM UTC
The AUDUSD pair broke the key support 0.7780, to open the way towards continuing the bearish bias on the intraday basis, as the price is targeting retesting the previously breached resistance line of the main bearish channel that turns into support now at 0.7650.
Therefore, the bearish trend will be suggested for the upcoming sessions supported by the EMA50, unless the price managed to breach 0.7780 followed by 0.7840 and holds above them.
Expected trading range for today is between: 0.7600 support and 0.7840
Expected trend for today: Bearish
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