AUDUSD breaches the resistance – Analysis – 29/03/2017

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair succeeded to breach 0.7635 level and attempts to hold above it, which supports the continuation of our bullish overview efficiently in the upcoming period, which its main targets begin at 0.7739, reminding you that breaching this level will extend the bullish wave to reach 0.7900.

Therefore, the bullish trend will remain suggested on the intraday and short term basis unless breaking 0.7604 level and holding with a daily close below it.

Expected trading range for today is between 0.7580 support and 0.7739

Expected trend for today: Bullish

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Origin: Economies

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