The AUDUSD completes the negative pattern – Analysis - 28-01-2021
Economies.com
2021-01-28 05:38AM UTC
The AUDUSD pair managed to break 0.7665 and hold below it, to complete forming the triple top pattern and gets negative motive that supports the expectations of starting a correctional bearish wave, waiting to surpass 0.7625 to confirm rallying towards 0.7505 as a next negative target.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless breaching 0.7665 followed by 0.7715 levels and holding below them.
The expected trading range for today is between 0.7560 support and 0.7680 resistance
The expected trend for today: Bearish
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