The AUDUSD hits the first target – Analysis - 15-07-2022
Economies.com
2022-07-15 04:22AM UTC
The AUDUSD pair succeeded to achieve our first waited negative target at 0.6700 and attempted to break it, and continues to trade inside the bearish channel that supports the chances of extending the bearish wave towards 0.6645 areas.
Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 0.6790 to continue the expected decline.
The expected trading range for today is between 0.6670 support and 0.6780 resistance
The expected trend for today: Bearish
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