Midday update for the AUDUSD 07-06-2023

Economies.com
2023-06-07 09:12AM UTC

The AUDUSD pair shows additional positive trades to attempt to move away from 0.6660, to reinforce the chances of recovering on the intraday basis, but we will continue with our neutrality until we get clearer signal for the next trend through monitoring the price behavior according to the mentioned level.

 

To review the details of the expected targets for the upcoming period, please check our morning report.

 

The expected trading range for today is between 0.6610 support and 0.6720 resistance

 

The expected trend for today: Bearish

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