The AUDUSD consolidates below the broken support – Analysis - 23-08-2022
Economies.com
2022-08-23 04:10AM UTC
The AUDUSD pair keeps its stability below 0.6910 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, waiting to visit 0.6825 as a next main target.
Note that breaching 0.6910 will complete forming positive pattern that will push the price to test 0.6980 areas direct before any new attempt to decline.
The expected trading range for today is between 0.6825 support and 0.6930 resistance
The expected trend for today: Bearish
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