The AUDUSD keeps its negative stability – Analysis - 22-03-2021

Economies.com
2021-03-22 05:01AM UTC

The AUDUSD pair keeps its stability below 0.7765, to keep the negative pressure valid for the upcoming period, supported by moving below the EMA50, waiting to head towards 0.7615 initially.

 

On the other hand, we should note that breaching 0.7765 and holding above it will stop the suggested negative scenario and push the price to test 0.7900 areas initially.

 

The expected trading range for today is between 0.7670 support and 0.7770 resistance

 

The expected trend for today: Bearish

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