The AUDUSD surpasses the support – Analysis - 03-11-2021
Economies.com
2021-11-03 05:47AM UTC
The AUDUSD pair broke 0.7460 level strongly and settled below it, to confirm opening the way to achieve more bearish correction, which targets 0.7400 level as a next station, noting that breaking this level will extend the bearish wave to reach 0.7360 as a next negative target.
Therefore, the negative scenario will remain suggested for the upcoming period unless breaching 0.7460 and holding above it.
The expected trading range for today is between 0.7370 support and 0.7480 resistance
The expected trend for today: Bearish
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