The AUD/USD resumes the positive attempts – Analysis – 26/04/2021

aud_newsThe AUDUSD pair completed forming bullish flag pattern after breaching the minor bearish channel’s resistance that appears on the chart, to get positive motive that we expect to push the price to regain the main bullish trend, and it needs to breach 0.7765 level to confirm opening the way to head towards 0.7835 followed by 0.7900 levels as next main targets.

Therefore, we expect witnessing more rise in the upcoming sessions unless breaking 0.7700 and holding below it.

The expected trading range for today is between 0.7700 support and 0.7800 resistance

The expected trend for today: Bullish

Origin: Economies

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