The AUD/USD declines again – Analysis – 22/04/2022

newzeeland_dollarThe AUDUSD pair faced strong negative pressure yesterday to break 0.7395 and close the daily candlestick below it, to return to the correctional bearish track again, on its way to achieve additional decline that targets testing 0.7315 initially.

Therefore, the bearish bias will be suggested for today unless breaching 0.7395 and holding above it again.

The expected trading range for today is between 0.7300 support and 0.7400 resistance

The expected trend for today: Bearish

Origin: Economies

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