The AUDUSD keeps declining – Analysis - 17-09-2021
Economies.com
2021-09-17 04:37AM UTC
The AUDUSD pair surpassed 0.7300 level and settles below it now, reinforcing the expectations of continuing the bearish trend, affected by the previously completed double top pattern, which targets 0.7225 level as a next main station.
The EMA50 supports the suggested bearish wave, which will remain valid unless the price rallied to breach 0.7375 and hold above it.
The expected trading range for today is between 0.7230 support and 0.7340 resistance
The expected trend for today: Bearish
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