The AUDUSD curves downwards – Analysis - 29-06-2021

Economies.com
2021-06-29 04:22AM UTC

The AUDUSD pair could not manage to surpass 0.7615 level, to rebound bearishly and head towards expected test to 0.7500 level, making the bearish bias suggested for today, noting that breaking the targeted level will push the price to achieve more bearish correction and head towards 0.7375 as a next negative target.

 

Therefore, the bearish trend will be expected for the upcoming sessions unless the price managed to breach 0.7615 and hold above it.

 

The expected trading range for today is between 0.7490 support and 0.7600 resistance

 

The expected trend for today: Bearish

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