The AUDUSD rises again – Analysis - 12-03-2019

Economies.com
2019-03-12 05:18AM UTC

The AUDUSD pair traded positively yesterday to close the daily candlestick above 0.7044 level, which stops the recently suggested negative scenario and pushes the price to achieve more expected gains in the upcoming sessions, as the positive targets located at 0.7125 followed by 0.7250.

 

Therefore, the bullish bias will be expected for today unless breaking 0.7044 level and holding below it again.

 

The expected trading range for today is between 0.7000 support and 0.7150

 

The expected trend for today: Bullish

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