The AUD/USD surpasses the resistance – Analysis – 21/04/2022

newzeeland_dollarThe AUDUSD pair ended yesterday above 0.7395 level, to activate the positive scenario on the intraday basis, targeting testing 0.7495 initially, noting that breaching this level will confirm regaining the main bullish trend again.

Therefore, the bullish bias will be suggested for the upcoming period unless breaking 0.7395 and holding below it again.

The expected trading range for today is between 0.7395 support and 0.7500 resistance

The expected trend for today: Bullish

Origin: Economies

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