Midday update for the AUDUSD 23-03-2021

Economies.com
2021-03-23 10:22AM UTC

The AUDUSD pair continues to decline to approach gradually from our waited target at 0.7615, to keep the bearish trend scenario active in the upcoming sessions, noting that breaking the mentioned level will extend the bearish wave to reach 0.7500 as a next station, while the expected decline will remain valid unless breaching 0.7765 and holding above it.

 

The expected trading range for today is between 0.7640 support and 0.7750 resistance

 

The expected trend for today: Bearish

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