The AUDUSD tests the support – Analysis - 13-03-2019

Economies.com
2019-03-13 05:06AM UTC

The AUDUSD pair shows some slight bearish bias now to test the key support 0.7044, and as long as the price is above this level, our bullish overview will remain active, waiting to target 0.7125 followed by 0.7250 levels as next main stations.

 

We should note that breaking 0.7044 and holding below it will press on the price to resume the main bearish wave that its next target located at 0.6900.

 

The expected trading range for today is between 0.7000 support and 0.7120

 

 

The expected trend for today: Bullish

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