The AUDUSD attempts to recover – Analysis - 28-03-2023

The AUDUSD pair fluctuated near 0.6665 level yesterday, and begins today positively to attack this level and attempts to hold above it, to hint the attempts to stop the bearish correction and head to recover in the upcoming sessions, paving the way to achieve gains that start by visiting 0.6780 areas.

Therefore, we expect to witness positive trades in the upcoming sessions, and the price needs to build solid support base above 0.6665 to confirm the continuation of the bullish bias, as breaking it will stop the positive scenario and push the price to resume the bearish correction that its next target reaches 0.6550.

The expected trading range for today is between 0.6630 support and 0.6745 resistance

The expected trend for today: Bullish