How To Make Money Today: AUD/USD Daily Market Analysis and Forex Trading Signals 21 March 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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AUD/USD:

On the H4, price is near 1st resistance level of 0.74285 in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension. Price can move towards the 1st support level of 0.73098 which is in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is supported by stochastic indicator where it is at resistance level.

Areas of consideration 

  • H4 1st resistance at 0.74285
  • H4 1st support at 0.73098
audusd analysis

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