AUDUSD ANALYSIS Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Apr 27, 2022 9:47 AM

AUDUSD trading in a downtrend
price below a key level around 0.7170
price also below SMA 100
MACD shows bullish momentum weakness
RSI below 50
so it's expected bearish movement to the support level around 0.6975