The AUDUSD forms bearish pattern – Analysis - 21-11-2022
Economies.com
2022-11-21 04:32AM UTC
The AUDUSD pair couldn’t manage to reach 0.6767 level, to rebound bearishly and start pressing on 0.6650 level now, noticing that the price forms double top pattern that we expect to put the price under the negative pressure in the upcoming sessions, targeting 0.6540 areas mainly.
Therefore, the bearish bias will be expected for today, noting that failing to confirm breaking 0.6650 will stop the negative scenario and lead the price to recover again.
The expected trading range for today is between 0.6585 support and 0.6710 resistance
The expected trend for today: Bearish
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