The AUD/USD crawls downwards – Analysis – 15/06/2021

forex-news-aud_1The AUDUSD pair shows calm negative trades to start testing 0.7700 barrier now, getting negative signals through stochastic and the EMA50, waiting for more decline to visit 0.7615.

Therefore, the bearish trend scenario will remain valid and active for the upcoming period unless breaching 0.7765 level and holding above it.

The expected trading range for today is between 0.7640 support and 0.7735 resistance

The expected trend for today: Bearish

Origin: Economies

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