The AUDUSD achieves some gains – Analysis - 10-03-2021

Economies.com
2021-03-10 05:16AM UTC

The AUDUSD pair’s rise stopped at 0.7725, to start declining again, supported by stochastic and the EMA50 negativity, waiting to test 0.7615 initially, reminding you that breaking this level will push the price to 0.7450 as a next target.

 

Therefore, the bearish trend scenario will remain valid and active unless breaching 0.7765 followed by 0.7805 levels and holding above them.

 

The expected trading range for today is between 0.7615 support and 0.7725 resistance

 

The expected trend for today: Bearish

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