The AUDUSD resumes the decline – Analysis - 31-03-2021

2021-03-31 04:16:07 GMT (Economies.com)
 

The AUDUSD pair resumed its negative trading after the recovery attempts that it witnessed in the previous sessions, to break 0.7615 and settle below it again, to reactivate the bearish trend scenario that targets 0.7500 level as a next station.

 

The EMA50 supports the expected decline, which will remain valid unless breaching 0.7615 followed by 0.7650 levels and holding above them.

 

The expected trading range for today is between 0.7550 support and 0.7650 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1947
0.0036
0.3018%
1.3752
0.0004
0.0269%
Tadawul
9838.28
-73.25
0.74%
25.372
0.277
1.104%
60.399
0.009
0.015%
63.82
0.54
0.85%
1744.875
7.940
0.457%
 
 
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