The AUDUSD approaches the target – Analysis - 30-03-2020
Economies.com
2020-03-30 04:43AM UTC
The AUDUSD pair resumed its positive trading to breach 0.6097 level and settles above it, while starting today with slight decline to approach testing the support base formed at the mentioned level, waiting to resume the bullish bias to visit 0.6236 level that represents our next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, organized inside the bullish channel that appears on the chart, noting that the continuation of the bullish wave conditions holding above 0.6097 and the most important above 0.5958.
The expected trading range for today is between 0.6060 support and 0.6236
The expected trend for today: Bullish
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