The AUDUSD tests the support – Analysis - 30-03-2023

Economies.com
2023-03-30 02:38AM UTC

The AUDUSD pair is testing the key support base 0.6665 now, and as we mentioned in our last report, the price needs to consolidate above this level to keep the bullish trend active for the upcoming period, as breaking it will press on the price to achieve additional bearish correction that its next target reaches 0.6550.

 

Stochastic provides positive signals that support the chances of resuming the expected bullish wave for today, reminding you that our next target is located at 0.6780.

 

The expected trading range for today is between 0.6630 support and 0.6730 resistance

 

The expected trend for today: Bullish

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