The AUDUSD surpasses the first target – Analysis - 05-11-2021
Economies.com
2021-11-05 05:37AM UTC
The AUDUSD pair managed to achieve our first waited target at 0.7400 to confirm extending the correctional bearish wave on the intraday basis, and the way is open to head towards 0.7360 that represents our next negative station.
The EMA50 supports the expected decline, which will remain valid unless breaching 0.7460 and holding above it.
The expected trading range for today is between 0.7330 support and 0.7440 resistance
The expected trend for today: Bearish
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