Midday update for the AUDUSD 22-01-2021

Economies.com
2021-01-22 11:21AM UTC

The AUDUSD pair shows new negative trades to press on 0.7725 level, which hints that the price is on its way to achieve more decline in the upcoming sessions, which targets testing 0.7665 followed by 0.7625 areas as next negative stations, which makes us turn to decline for the rest of the day unless the price managed to breach 0.7725 followed by 0.7755 levels and hold above them.

 

The expected trading range for today is between 0.7665 support and 0.7755

 

The expected trend for today: Bearish for the rest of the day

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