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AUDUSD 7.1.2025
General Trend:
The AUD/USD pair shows an extended bearish trend, with prices steadily declining over the past months while remaining below moving averages.
Expected Scenario:
Bearish Scenario: Continuing to break the support at 0.6270 may push the pair to test lower levels at 0.6170.
Bullish Correction Scenario: If a rebound occurs above the current support, the price may return to test the resistance at 0.6375. Breaking this level could enhance the chances of an upward movement.
Key Levels:
Resistances: 0.6375 - 0.6450
Supports: 0.6270 - 0.6170
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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