The AUDUSD awaits more decline – Analysis - 30-11-2021
Economies.com
2021-11-30 05:29AM UTC
The AUDUSD pair keeps fluctuating in sideways track as appears in the above chart, therefore, there is no change on the bearish trend scenario that organizes within the bearish channel, which depends on the stability below 0.7170 and 0.7195 levels, supported by the negative pressure that comes from the EMA50, reminding you that our next target is located at 0.7050.
The expected trading range for today is between 0.7090 support and 0.7170 resistance
The expected trend for today: Bearish
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