Category: Forex News, News
The AUDUSD price crawls upwards – Forecast today
Brent oil price broke 75.66$ level clearly and closed the daily candlestick below it, to complete forming the head and shoulders’ pattern and get negative motive that supports the continuation of the expected bearish trend on the intraday and short-term basis, and we believe that the way is open to achieve our next target at 74.00$.
Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that breaching 75.66$ followed by 76.00$ levels will stop the current negative pressure and push the price to achieve some gains before determining the next destination clearly.
Are you looking for more exclusive insights? Join Economies.com VIP Club Channel on Telegram and get access to:
- Price Range for Today
- Bullish/Bearish Trend Forecast for Today
- Mid-day and End-of-day Analysis Updates
- Live updates
- Special In-Depth Analysis
- Major Economic Events News and Updates
- Exclusive Educational Content for All Levels of Expertise
- Exclusive Webinars by Top Industry Experts
- Exclusive Brokers Promotions
- Competitions and Exceptional Rewards
- and more…
Subscribe now to our channel on Telegram and join the Economies VIP Club to get ahead in the market. Limited Spots Available.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article: