The AUD/USD under the negative pressure – Analysis – 09/03/2022

forex-news-audThe AUDUSD pair falls under more negative pressure to attack 0.7275 level, as it closed the daily candlestick below it, which makes us suggest turning to decline and head to achieve negative targets that start by testing 0.7205.

Therefore, the bearish bias will be expected for today, taking into consideration that breaching 0.7340 will stop the suggested decline and lead the price to rise again.

The expected trading range for today is between 0.7205 support and 0.7320 resistance

The expected trend for today: Bearish

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