The AUD/USD loses momentum – Analysis – 11/06/2021

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair tested 0.7765 level and keeps its stability below it until now, accompanied by witnessing overbought signals by stochastic, waiting to motivate the price to resume the expected bullish tred for the upcoming period, which targets 0.7615 mainly, while its continuation requires holding below 0.7765.

The expected trading range for today is between 0.7690 support and 0.7780 resistance

The expected trend for today: Bearish

Origin: Economies

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