The AUDUSD completes the negative pattern – Analysis - 15-09-2021
Economies.com
2021-09-15 04:16AM UTC
The AUDUSD pair completed forming the double top pattern to trade with clear negativity and approaches the first waited target at 0.7300, and we suggest the continuation of the bearish bias to visit 0.7225 as a next negative target.
Therefore, the bearish trend scenario will remain valid and active for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 0.7375 to continue the expected decline.
The expected trading range for today is between 0.7270 support and 0.7360 resistance
The expected trend for today: Bearish
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