Midday update for the AUDUSD 11-03-2021

Economies.com
2021-03-11 10:49AM UTC

The AUDUSD pair trades with clear positivity to surpass 0.7765 and attempts to hold above it, which urges caution from the upcoming trading, as continuing the rise and surpassing 0.7810 will stop the recently suggested negative scenario and lead the price to regain the main bullish trend again, while consolidating below 0.7765 will press on the price to resume the correctional bearish track that its first target located at 0.7615.

 

The expected trading range for today is between 0.7700 support and 0.7810 resistance

 

The expected trend for today: Neutral

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