The AUD/USD presses on the channel’s support line – Analysis – 19/01/2022

forex-news-audThe AUDUSD pair continues to fluctuate around the bullish channel’s support line, waiting to get negative motive to assist to push the price to break this level and open the way to head towards 0.7125 that represents our next target, noting that the continuation of the expected decline depends on the price stability below 0.7205 – 0.7220 levels.

The expected trading range for today is between 0.7140 support and 0.7225 resistance

The expected trend for today: Bearish

Origin: Economies

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