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The AUDUSD starts bearish correction – Analysis - 22-10-2021
The AUDUSD pair traded negatively yesterday to break 0.7475 level and settles below it, which opens the way to achieve bearish correction for the rise that started from 0.7170 areas, noting that breaking 0.7455 will push the price to 0.7400 direct.
Therefore, the bearish bias will be expected for today unless the price managed to breach 0.7475 and hold above it again.
The expected trading range for today is between 0.7410 support and 0.7500 resistance
The expected trend for today: Bearish
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