The AUDUSD is stable – Analysis - 15-12-2021
Economies.com
2021-12-15 05:14AM UTC
The AUDUSD pair settles below 0.7125, to keep the negative pressure valid for the upcoming period, supported by moving below the EMA50, waiting to resume the bearish trend and head towards 0.6995 that represents our next main target.
Holding below 0.7125 is important to continue the expected decline, as breaching it will push the price to visit the next correctional level at 0.7205.
The expected trading range for today is between 0.7040 support and 0.7125 resistance
The expected trend for today: Bearish
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