The AUDUSD market is sliding back into bear trending and positioned to attack last Friday’s reversal low. A close under 0.6853 projects a larger selling wave to 0.6826 - 0.6736. Any corrections trapped under 0.7070 will maintain bear forces. A close over 0.7070 is needed to signal a reversing / bottoming turn.
Last Updated Date: 18 May 2022 @ 7:03 AM (UTC)
*Please note that all the dates are in GMT time zone
