Midday update for the AUDUSD 01-04-2021

Economies.com
2021-04-01 09:02AM UTC

The AUDUSD pair traded with clear negativity to approach our waited target at 0.7500, to keep the bearish trend scenario active for today, noting that breaking the mentioned level will extend the bearish wave to reach 0.7375 as a next main station, while holding below 0.7615 represents key condition to continue the expected decline.

 

The expected trading range for today is between 0.7500 support and 0.7615 resistance

 

The expected trend for today: Bearish

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