The AUDUSD continues to fluctuate – Analysis - 02-03-2021
Economies.com
2021-03-02 05:13AM UTC
The AUDUSD pair still stuck between the key levels represented by 0.7725 support and 0.7765 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels to detect its next destination clearly.
Note that breaching the mentioned resistance will push the price to resume the main bullish trend and achieve positive targets that start at 0.7815 and extend to 0.8000, while breaking the support represents negative factor that will put the price out of the bullish channel to start bearish correction that targets 0.7605 areas initially.
The expected trading range for today is between 0.7690 support and 0.7840 resistance
The expected trend for today: Neutral
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