Midday update for the AUDUSD 15-11-2021

Economies.com
2021-11-15 10:53AM UTC

The AUDUSD pair shows additional positive trades to breach 0.7360 and heads towards potential test to 0.7400 level, which urges caution from the upcoming trading, as the price needs to hold below the last level to keep the bearish trend scenario active for the upcoming period, supported by stochastic and the EMA50 negativity, reminding you that our next main target reaches 0.7260.

 

The expected trading range for today is between 0.7280 support and 0.7390 resistance

 

The expected trend for today: Overall bearish

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