The AUDUSD consolidates above the support – Analysis - 22-03-2023

Economies.com
2023-03-22 03:19AM UTC

The AUDUSD pair tested 0.6665 level and kept its stability above it, accompanied by witnessing clear positive signals through stochastic, waiting to motivate the price to resume the expected bullish wave on the intraday basis, which targets 0.6780 as a next main station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 0.6665 and holding below it will press on the price to achieve additional bearish correction that its next target reaches 0.6550.

 

The expected trading range for today is between 0.6650 support and 0.6750 resistance

 

The expected trend for today: Bullish

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