The AUD/USD breaches the resistance – Analysis – 11/03/2022

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair breached 0.7340 level clearly and closed the daily candlestick above it, to head towards achieving more expected gains in the upcoming period, on its way to visit 0.7420 areas as a next positive target.

Therefore, the bullish bias wll be suggested for the upcoming period, noting that failing to hold above 0.7340 will put the price under the negative pressure again, to head towards testing 0.7275 initially.

The expected trading range for today is between 0.7280 support and 0.7400 resistance

The expected trend for today: Bullish

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply