AUDUSD LONG

٢٥ سبتمبر ٢٠٢١

AUD/USD ends of the trading week near to 0.7260 level area. The pair continues to move within the correction and the downward channel which indicates still bearish trend. At the moment, we should expect an attempt to continue the development of a bullish correction and test the resistance area near the level of 0.7385. Then, the rebound and the continuation of the fall in AUD/USD with a potential target around 0.5560.. i am still bearish intact for this pair