The AUDUSD keeps its negative stability – Analysis - 03-04-2020
Economies.com
2020-04-03 05:05AM UTC
The AUDUSD pair bounced bearishly after testing 0.6097 level yesterday, to keep the bearish trend scenario active for the upcoming period, organized inside the bearish channel that appears on the chart, waiting to test 0.5958 level initially, noting that breaking this level will push the price to 0.5787 as a next main target.
On the other hand, we remind you that breaching 0.6097 will stop the suggested decline and leads the price to achieve new gains that reach 0.6236.
The expected trading range for today is between 0.5900 support and 0.6160
The expected trend for today: Bearish
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