The AUDUSD faces solid support – Analysis - 09-03-2021
Economies.com
2021-03-09 05:26AM UTC
The AUDUSD pair finds solid support at 0.7615, and it needs to get negative motive that assists to push the price to break this level and open the way to head towards 0.7450 that represents the next correctional target.
Until now, the bearish trend scenario still valid for the upcoming period as long as 0.7765 and 0.7785 levels remain intact, noting that the EMA50 continues to form negative pressure that supports the continuation of the expected decline.
The expected trading range for today is between 0.7580 support and 0.7710 resistance
The expected trend for today: Bearish
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