The AUDUSD keeps its negative stability – Analysis - 06-10-2021
Economies.com
2021-10-06 04:00AM UTC
The AUDUSD pair resumes its negative trading by today’s open after consolidating below 0.7290 level, to keep the bearish trend scenario valid and active for the upcoming period, waiting to break 0.7245 to ease the mission of heaing towards our next main target at 0.7170.
Stochastic supports the expected decline, which will remain valid conditioned by the price stability below 0.7290.
The expected trading range for today is between 0.7210 support and 0.7300 resistance
The expected trend for today: Bearish
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