Midday update for the AUDUSD 22-06-2022
Economies.com
11 months ago
The AUDUSD pair resumes the bearish rally to move away from 0.6930, which supports the continuation of the bearish trend scenario for the rest of the day, and the way is open to achieve our main waited target at 0.6830, noting that the EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.6930 and 0.6995 levels.
The expected trading range for today is between 0.6860 support and 0.6960 resistance
The expected trend for today: Bearish
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