The AUDUSD keeps its negative stability – Analysis - 28-07-2021

Economies.com
2021-07-28 04:17AM UTC

The AUDUSD pair hovers around 0.7375 and keeps its stability below it, to keep the negative pressure valid for the upcoming period, which targets 0.7300 followed by 0.7230 levels as next main stations.

 

The EMA50 supports the expected decline, noting that breaching 0.7375 will push the price to test 0.7430 level before any new attempt to decline.

 

The expected trading range for today is between 0.7300 support and 0.7400 resistance

 

The expected trend for today: Bearish

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