The AUDUSD faces solid resistance – Analysis - 23-04-2021

Economies.com
2021-04-23 01:14AM UTC

The AUDUSD pair found difficulty to surpass 0.7765 level, to rebound bearishly and head towards achieving expected decline in the upcoming sessions, targeting visiting 0.7615 initially.

 

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 0.7765 will stop the expected decline and lead the price to resume the main bullish trend again.

 

The expected trading range for today is between 0.7630 support and 0.7765 resistance

 

The expected trend for today: Bearish

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