The AUDCHF confirms the negativity – Analysis – 27-9-2021
Economies.com
2021-09-27 05:03AM UTC
The AUDCHF pair confirmed its surrender to the domination of the bearish bias by moving away from the main resistance at 0.6890, in addition to the moving average 55 forming additional barrier at 0.6805.
These factors confirm facing strong negative pressures to push the price to form new negative attack, to expect targeting more negative stations represented by 0.6625 followed by reaching 23.6% Fibonacci correction level at 0.6518.
The expected trading range for today is between 0.6800 and 0.6625
The expected trend for today: Bearish
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