The AUDUSD loses momentum – Analysis - 24-06-2022
Economies.com
2022-06-24 04:36AM UTC
The AUDUSD pair keeps its stability below 0.6930 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, waiting to visit 0.6830 as a next main station.
Holding below 0.6930 is important to continue the expected decline, as breaching it will lead the price to attempt to recover and achieve gains that start at 0.6995 followed by 0.7045.
The expected trading range for today is between 0.6840 support and 0.6940 resistance
The expected trend for today: Bearish
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