The AUDUSD leans on the support – Analysis - 04-01-2022

Economies.com
2022-01-04 05:18AM UTC

The AUDUSD pair provided clear negative trades yesterday to test the bullish channel’s support line, and begins to rebound bullishly now, and according to the trading rules inside the channels, the price is on its way to achieve more rise that its targets begin by testing 0.7275.

 

Therefore, the bullish bias will be expected for today unless breaking 0.7185 and holding below it.

 

The expected trading range for today is between 0.7170 support and 0.7270 resistance

 

The expected trend for today: Bullish

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