Midday update for the AUDUSD 04-11-2021

Economies.com
2021-11-04 10:31AM UTC

The AUDUSD pair bounced downwards clearly after retesting 0.7490 level this morning, to keep the bearish trend scenario valid and active in the upcoming sessions, waiting to surpass 0.7400 to head towards 0.7360 as a next target, reminding you that it is important to hold below 0.7460 to continue the expected decline.

 

The expected trading range for today is between 0.7400 support and 0.7480 resistance

 

The expected trend for today: Bearish

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