Midday update for the AUDUSD 27-03-2020

Economies.com
2020-03-27 10:54AM UTC

The AUDUSD pair faces negative pressure to break 0.6097 level and moves below it, affected by stochastic negativity, while the EMA50 provides positive support to the price, to keep the chances valid to continue the expected bullish trend for the upcoming period, which targets 0.6236 as a next station, reminding you that it is important to hold above 0.5958 to achieve the waited targets.

 

The expected trading range for today is between 0.6000 support and 0.6236

 

The expected trend for today: Bullish

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