The AUD/USD keeps its negative stability – Analysis – 08/07/2021

newzeeland_dollarThe AUDUSD pair settles below 0.7500 level, and begins to provide new negative trades now, which supports the continuation of our bearish overview, which targets 0.7375 level as a next station.

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.7500.

The expected trading range for today is between 0.7410 support and 0.7520 resistance

The expected trend for today: Bearish

Origin: Economies

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