The AUDUSD faces solid support – Analysis - 18-11-2021
Economies.com
2021-11-18 05:22AM UTC
The AUDUSD pair finds a strong support at 0.7260 level, showing some of the bullish bias moves now, and it might heads to test 0.7315 levels before it return to decline again.
Until now, the bearish trend scenario remains active if the price settled below 0.7315, supported by the negative pressure that comes from the EMA50, reminding you that breaking 0.7260 level will push the price to 07200 then 0.7170 mainly.
The expected trading range for today is between 0.7220 support and 0.7315 resistance
The expected trend for today: Bearish
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