The AUDUSD resumes the rise – Analysis - 22-04-2021

Economies.com
2021-04-22 00:43AM UTC

The AUDUSD pair resumed its positive trades after consolidating above the eMA50, to approach 0.7765 level now, waiting to surpass this level to reinforce the expectations of continuing the main bullish trend, which targets 0.7840 followed by 0.7900 levels as next main stations.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7710 and holding below it.

 

The expected trading range for today is between 0.7700 support and 0.7830 resistance

 

The expected trend for today: Bullish

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