The AUD/USD faces solid resistance – Analysis – 02/03/2022

forex-news-audThe AUDUSD pair attempts to breach 0.7275 level and finds solid resistance there, noticing that stochastic provides positive signals now, waiting to motivate the price to achieve the required breach to open the way to head towards 0.7340 as a next target.

Therefore, we will continue to suggest the bullish trend unless breaking 0.7205 and holding below it.

The expected trading range for today is between 0.7220 support and 0.7340 resistance

The expected trend for today: Bullish

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