Midday update for the AUDUSD 21-11-2022
Economies.com
2022-11-21 11:13AM UTC
The AUDUSD pair broke 0.6650 level clearly to confirm the completion of the double top pattern and gets negative motive that reinforces the expectations to decline, waiting for more bearish bias to visit 0.6540 that represents our next main target, to continue suggesting the bearish trend in the upcoming sessions conditioned by the price stability below 0.6650.
The expected trading range for today is between 0.6585 support and 0.6710 resistance
The expected trend for today: Bearish
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