The AUDUSD resumes the decline – Analysis - 23-06-2022

Economies.com
2022-06-23 04:33AM UTC

The AUDUSD pair returned ot test 0.6930 level, and rebounds bearishly now to keep the bearish trend scenario active for the upcoming period, supported by stochastic and the EMA50 negativity, waiting to head towards 0.6830 that represents our next main target.

 

We remind you that the continuation of the bearish wave depends on the price stability below 0.6930 and 0.6995 levels.

 

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The expected trading range for today is between 0.6830 support and 0.6930 resistance

 

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The expected trend for today: Bearish

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