The AUDUSD under the negative pressure – Analysis - 17-01-2022
Economies.com
2022-01-17 05:09AM UTC
The AUDUSD pair faced additional negative pressure to break 0.7275 and touch 0.7205 level, and attempts to consolidate above it, accompanied by witnessing positive signals through stochastic, which supports the chances of resuming the correctional bullish track, which targets 0.7275 followed by 0.7420 levels as next main stations.
Therefore, the bullish bias will be suggested for today unless breaking 0.7205 followed by 0.7170 levels and holding below them.
The expected trading range for today is between 0.7170 support and 0.7275 resistance
The expected trend for today: Bullish
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