The AUD/USD surpasses the resistance – Analysis – 03/03/2022

newzeeland_dollarThe AUDUSD pair managed to breach 0.7275 level and hold above it, reinforcing the expectations of continuing the intraday bullish trend, which targets 0.7340 as a next station.

The EMA50 continues to support the suggested bullish wave, noting that breaking 0.7275 will press on the price to decline and test 0.7205 areas initially.

The expected trading range for today is between 0.7230 support and 0.7340 resistance

The expected trend for today: Bullish

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