Midday update for the AUDUSD 01-04-2020

Economies.com
2020-04-01 10:12AM UTC

The AUDUSD pair attacks 0.6097 level to move below it now, which urges caution from the upcoming trading, as confirming breaking this level will stop the recently suggested positive scenario and put the price under negative pressure that its targets begin by testing 0.5958 level, while the price needs to step above 0.6097 to reactivate the bullish trend scenario that its first target located at 0.6236.

 

The expected trading range for today is between 0.6000 support and 0.6200

 

The expected trend for today: Bullish

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