Midday update for the AUDUSD 19-07-2021
Economies.com
2021-07-19 09:51AM UTC
The AUDUSD pair confirmed breaking 0.7375 level and moves away from it now, to support the expectations of continuing the bearish trend in the upcoming sessions, opening the way to head towards 0.7230 as a next main target.
Holding below 0.7375 represents initial condition to continue the expected decline, noting that the EMA50 supports the suggested bearish wave.
The expected trading range for today is between 0.7300 support and 0.7440 resistance
The expected trend for today: Bearish
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