Midday update for the AUDUSD 06-04-2021

Economies.com
2021-04-06 09:08AM UTC

The AUDUSD pair continues to decline to reach the key support 0.7615, and the price needs to break this level to ease the mission of continuing the expected bearish trend on the intraday and short term basis, which targets 0.7500 as a next station, taking into consideration that holding below 0.7660 represents key condition to achieve the waited targets.

 

The expected trading range for today is between 0.7560 support and 0.7670 resistance

 

The expected trend for today: Bearish

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