The AUD/USD breaks the support – Analysis – 23/06/2023

1428657842_Foreks-AUD-USD-vyros-vo-vThe AUDUSD pair broke 0.6780 level clearly and closed the daily candlestick below it, noticing that the price begins today with clear negativity to confirm the turn to decline, and the way is open to visit 0.6665 as a first negative target, noting that breaking this level will extend the bearish wave to reach 0.6600 followed by 0.6545 levels.

Therefore, we expect to witness more bearish bias in the upcoming sessions unless the price rallied to breach 0.6780 and hold above it again.

The expected trading range for today is between 0.6640 support and 0.6750 resistance

The expected trend for today: Bearish

Origin: Economies

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