Last Updated Date: 22 March 2022 @ 8:24 AM (UTC)
*Please note that all the dates are in GMT time zone
The AUDUSD market is trying to start a bear downturn from recent sideways congestion. However, trade needs a close under 0.7366 to touch off bear trending selloffs under the 0.7282 swing low. Friday’s spike higher over 0.7417 hints for a near term friendly upturn, but the weak movement today leaves the pattern in congestion. A surge over 0.7417 is bullish. A close over 0.7442 confirms a turnaround and drive to higher levels.
