AUDUSD Price May Experience a Bullish Pullback

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Buyers’ momentum may increase in AUDUSD market

AUDUSD Price Analysis – 27 March

If buyers are determined enough to push past the $0.65 barrier, they might be able to raise the AUDUSD to about $0.66 or even $0.67.  If sellers are successful in driving the price below the $0.64 support level, the price may fall to the $0.63 and $0.62 support levels.

Key levels:

Resistance levels: $0.65, $0.66, $0.67

Support levels: $0.64, $0.63, $0.62

AUDUSD Long-term Trend: Bearish

The value of AUDUSD is declining, as the daily chart illustrates. On February 15, a large bullish candle developed, signaling the beginning of a bullish trend for the currency pair. The push from the bulls caused the price to rise by $0.66. Prices dropped from the previously indicated level to $0.65 as sales started to slow down.  The level of support is broken by AUDUSD. It keeps going down, getting closer to $0.64.

AUDUSD Price May Experience a Bullish Pullback

When the currency pair crosses below the Hull Suite forex signals indicator, the market is considered bearish. A sell forex signals is displayed when the red histogram of the QQE MOD indicator is below the zero level. If buyers are determined enough to push past the $0.65 barrier, they might be able to raise the price to about $0.66 or even $0.67.  If sellers are successful in driving the price below the $0.64 support level, the price may fall to the $0.63 and $0.62 support levels.

AUDUSD medium-term Trend: Bearish

The 4-hour chart of the Australian dollar indicates a downward trend. For more than three weeks, the $0.66 barrier level limited the movement of the currency pair. The range of prices is $0.66 to $0.65. Additional bearish candles were formed, and the price began to decline below the $0.65 mark. The 4-hour candle that finished this morning was below $0.65, indicating a bearish candle on the chart. If the previously set level is surpassed, a downward trend is established.

AUDUSD Price May Experience a Bullish Pullback

I think there’s a chance the AUDUSD market will reverse toward north. A bearish trend is shown by the red histogram and the QQE MOD, both of which are below zero.

You can purchase Lucky Block here. Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *