Midday update for the AUDUSD 05-07-2022

Economies.com
2022-07-05 09:49AM UTC

The AUDUSD pair declined sharply to break 0.6830 level and confirm the continuation of the bearish trend domination, and the way is open head towards our next negative target at 0.6755, reminding you that the continuation of the bearish wave depends on the price stability below 0.6895.

 

The expected trading range for today is between 0.6755 support and 0.6830 resistance

 

The expected trend for today: Bearish

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