The AUDUSD breaks the support – Analysis - 22-06-2022

Economies.com
2022-06-22 04:20AM UTC

The AUDUSD pair opens today’s trading with clear negativity to attack 0.6930 level and attempts to hold below it, which puts the price under expected negative pressure in the upcoming sessions, targeting visiting the previously recorded low at 0.6830 mainly.

 

Therefore, the bearish bias will be suggested for today unless breaching 0.6930 followed by 0.6995 levels and holding above them.

 

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The expected trading range for today is between 0.6860 support and 0.6960 resistance

 

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The expected trend for today: Bearish

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