The AUDUSD breaks the support – Analysis - 02-04-2020
Economies.com
2020-04-02 04:52AM UTC
The AUDUSD pair ended yesterday below 0.6097, which puts the price under expected negative pressure in the upcoming period, on its way to test 0.5958 initially, noting that breaking this level will push the price to 0.5787 as a next negative target.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 0.6097 and hold above it again.
The expected trading range for today is between 0.5960 support and 0.6160
The expected trend for today: Bearish
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