The AUD/USD awaits more decline – Analysis – 07/01/2022

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair settles around 0.7150 level since yesterday, and the negative scenario still valid as long as 0.7205 level remains intact, supported by the negative pressure formed by the EMA50, waiting to achieve the negative targets that start at 0.7125 and extend to 0.7000 after breaking the previous level.

The expected trading range for today is between 0.7100 support and 0.7205 resistance

The expected trend for today: Bearish

Origin: Economies

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