The AUDUSD awaits the break – Analysis - 09-06-2022

2022-06-09 04:10:21 GMT (Economies.com)
 

The AUDUSD pair begins today with new negativity to start pressing on 0.7160 level, waiting to break this level to confirm extending the bearish wave towards 0.7100.

 

By taking a deeper look at the chart, we find that the price draws double top pattern that supports the chances of achieving more decline in the upcoming period, to continue suggesting the bearish trend unless the price rallied to breach 0.7265 and hold above it.

 

The expected trading range for today is between 0.7110 support and 0.7200 resistance

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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