The AUDUSD tests the support base – Analysis - 28-04-2021

Economies.com
2021-04-28 00:30AM UTC

The AUDUSD pair tests 0.7765 level, accompanied by witnessing clear oversold signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next main targets located at 0.7835 followed by 0.7900.

 

On the other hand, we should note that breaking 0.7765 followed by 0.7735 levels will stop the expected rise and press on the price to test 0.7615 areas before any new positive attempt.

 

The expected trading range for today is between 0.7720 support and 0.7820 resistance

 

The expected trend for today: Bullish

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