The AUDUSD attempts positively – Analysis - 29-03-2021

2021-03-29 04:30:20 GMT (Economies.com)
 

The AUDUSD pair shows bullish bias to surpass 0.7615 level, but it faces resistance formed by the broken support line that appears on the chart, accompanied by witnessing negative signals provided by stochastic now, while the EMA50 continues to press negatively on the price.

 

Therefore, these factors encourage us to continue suggesting the bearish trend for the upcoming period, which its next target located at 0.7500, noting that breaching 0.7650 will push the price to achieve additional gains that reach 0.7765.

 

The expected trading range for today is between 0.7560 support and 0.7670 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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