The AUDUSD resumes the decline – Analysis - 02-02-2021
Economies.com
2021-02-02 05:34AM UTC
The AUDUSD pair opens today’s trading with clear bearish bias after retesting 0.7665 level, to start pressing on 0.7625 and trades below it now, which supports the continuation of our bearish overview, which targets 0.7505 as a next main station.
The EMA50 keeps supporting the suggested bearish wave, which will remain valid unless breaching 0.7665 followed by 0.7700 levels and holding above it.
The expected trading range for today is between 0.7540 support and 0.7670 resistance
The expected trend for today: Bearish
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