The AUDUSD is stable – Analysis - 26-03-2021
Economies.com
2021-03-26 04:43AM UTC
The AUDUSD pair provided negative trades yesterday but it returns to settle around 0.7615, keeping its stability below it, which keeps the bearish trend scenario valid and active for today, supported by stochastic loss to the positive momentum, waiting to head towards 0.7500 as a next target.
Note that breaching 0.7615 and holding above it will stop the suggested decline and lead the price to attempt to recover and visit 0.7765 level initially.
The expected trading range for today is between 0.7540 support and 0.7650 resistance
The expected trend for today: Bearish
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