The AUDUSD confirms the breach – Analysis - 29-03-2023
Economies.com
2023-03-29 02:34AM UTC
The AUDUSD pair confirmed breaching 0.6665 level after ending yesterday above it, to support the continuation of the expected bullish trend scenario on the intraday basis, waiting to head towards 0.6780 that represents our next main target.
Moving above the EMA50 supports the continuation of the suggested bullish wave, and breaching the targeted level will push the price to regain the main bullish trend and stop the bearish correction that dominates the recent trades, noting that breaking 0.6665 will stop the expected bullish wave and put the price under the negative pressure again.
The expected trading range for today is between 0.6650 support and 0.6760 resistance
The expected trend for today: Bullish
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