The AUD/USD keeps achieving the positive targets – Analysis – 07/03/2022

aud_newsThe AUDUSD pair rallied upwards to succeed touching our waited target at 0.7420, facing solid resistance there, which might push the price to test 0.7370 areas before turning back to rise again, as we suggest the continuation of the bullish trend domination affected by the double bottom pattern that its signs appear on the chart.

Therefore, the bullish trend will remain active unless breaking 0.7340 and holding below it.

The expected trading range for today is between 0.7350 support and 0.7470 resistance

The expected trend for today: Bullish

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