The AUDUSD breaks the support – Analysis - 27-01-2022
Economies.com
2022-01-27 05:28AM UTC
The AUDUSD pair managed to break 0.7125 level and hold with a daily close below it, starting today with additional decline to support the expectations of continuing the bearish trend, and the way is open to achieve our waited target at 0.7000.
Therefore, we are waiting for more decline in the upcoming sessions, noting that holding below 0.7125 represents initial condition to continue the suggested bearish trend.
The expected trading range for today is between 0.7020 support and 0.7120 resistance
The expected trend for today: Bearish
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