The AUDUSD trades negatively – Analysis - 01-04-2021
Economies.com
2021-04-01 04:27AM UTC
The AUDUSD pair shows more bearish bias to move away from 0.7615 level, reinforcing the expectations of continuing the bearish trend, which gets continuous support by the EMA50, reminding you that our waited target is located at 0.7500.
On the other hand, we should note that breaching 0.7615 and 0.7655 levels will stop the expected decline and lead the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 0.7500 support and 0.7615 resistance
The expected trend for today: Bearish
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