AUDUSD under the negative pressure – Analysis – 21/06/2017

forex-news-audThe AUDUSD pair bounced bearishly after retesting the previously broken support of the bullish channel that appears on chart, to settle below 0.7604 level again, which reactivate the bearish trend scenario that we expect to push the price to test 0.7519 level before any new attempt to rise.

Breaking 0.7570 will confirm the continuation of the bearish bias for today, while breaching 0.7604 followed by 0.7630 levels will stop the current negative pressure and lead the price to regain its main bullish track again.

Expected trading range for today is between 0.7519 support and 0.7650

Expected trend for today: Bearish

xx2

Origin: Economies

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply