The AUD/USD breaks the support – Analysis – 28/04/2022

newzeeland_dollarThe AUDUSD pair succeeded to break 0.7130 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, paving the way to head towards 0.7050 followed by 0.6990 that represent our next main targets.

The EMA50 keeps supporting the suggested bearish wave, which will remain valid conditioned by the price stability below 0.7235.

The expected trading range for today is between 0.7050 support and 0.7150 resistance

The expected trend for today: Bearish

Origin: Economies

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