The AUDUSD keeps its negative stability – Analysis - 11-07-2022
Economies.com
2022-07-11 03:55AM UTC
The AUDUSD pair returns to fluctuate around the bearish channel’s resistance, and begins to provide negative trades now, in attempt to resume the main bearish wave, waiting for more decline to visit 0.6700 that represents our next main target.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 0.6850.
The expected trading range for today is between 0.6760 support and 0.6850 resistance
The expected trend for today: Bearish
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