AUDUSD breaks the support – Analysis - 21-11-2018
Economies.com
2018-11-21 05:13AM UTC
The AUDUSD pair broke the intraday bullish channel’s support line strongly and settled below it, to complete forming bearish flag pattern that supports the chances of turning back to resume the main bearish trend, which was stopped for some bullish correction recently.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 0.7277 level and hold above it again, noting that our first main target is located at 0.7080.
Expected trading range for today is between 0.7150 support and 0.7277
Expected trend for today: Bearish
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