The AUD/USD begins negatively – Analysis – 19/06/2023

aud_newsThe AUDUSD pair stared today with clear decline after approaching the waited target at 0.6925, to head towards potential test to 0.6780 support line, making the bearish bias suggested for today.

Breaking 0.6835 will reinforce the expectations to decline, noting that the expected decline is temporary, waiting to resume the main bullish trend to test 0.6925 initially.

The expected trading range for today is between 0.6780 support and 0.6885 resistance

The expected trend for today: Bearish temporarily

Origin: Economies

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