The AUDUSD resumes the decline – Analysis - 21-07-2021
Economies.com
2021-07-21 04:40AM UTC
The AUDUSD pair resumed its negative trades to test 0.7300 barrier, reinforcing the expectations of continuing the bearish trend, organized inside the bearish channel that appears on the chart, waiting to test 0.7230 mainly.
The EMA50 supports the suggested bearish wave, which will remain valid unless breaching 0.7375 and holding above it.
The expected trading range for today is between 0.7250 support and 0.7375 resistance
The expected trend for today: Bearish
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