The AUDUSD tests the support base – Analysis - 30-04-2021
Economies.com
2021-04-30 00:42AM UTC
The AUDUSD pair bounced bearishly after attempting to breach 0.7800 barrier, to test the key support 0.7765, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active for the upcoming period, which target 0.7835 followed by 0.7900 levels as next stations.
Note that stochastic got rid of its negative momentum and reaches the oversold areas to provide positive motive that reinforce the expectations to rise today.
The expected trading range for today is between 0.7730 support and 0.7850 resistance
The expected trend for today: Bullish
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