The AUDUSD breaks the support – Analysis - 22-08-2022
Economies.com
2022-08-22 02:51AM UTC
The AUDUSD pair broke 0.6910 level clearly and settled below it, to support the continuation of the bearish trend scenario, which targets 0.6825 as a next main station.
Stochastic positivity interprets the reasons of the positive start for today, noting that breaching 0.6910 will stop the expected negative pressure and lead the price to turn to rise.
The expected trading range for today is between 0.6825 support and 0.6930 resistance
The expected trend for today: Bearish
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