The AUDUSD approaches the critical support – Analysis - 26-01-2021
Economies.com
2021-01-26 05:40AM UTC
The AUDUSD pair begins today’s trading with new bearish bias to approach the neckline of the triple top pattern at 0.7665, waiting to break this level to activate the negative effect of the mentioned pattern followed by rallying to achieve negative targets that start at 0.7625 and extend to 0.7505.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 0.7745.
The expected trading range for today is between 0.7600 support and 0.7745
The expected trend for today: Bearish
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