The AUDUSD surpasses the target – Analysis - 24-03-2021

2021-03-24 05:13:52 GMT (Economies.com)
 

The AUDUSD pair succeeded to achieve our waited target at 0.7615 and surpassed it to settle below it now, which confirms the continuation of the bearish wave in the upcoming period, paving the way to head towards 0.7500 as a next target.

 

The EMA50 supports the suggested negative scenario, taking into consideration that failing to hold below 0.7615 will lead the price to start recovery attempts that target testing 0.7765 areas initially.

 

The expected trading range for today is between 0.7540 support and 0.7650 resistance

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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