AUDUSD declines again – Analysis - 11-10-2018
Economies.com
2018-10-11 04:12AM UTC
The AUDUSD pair continued to decline yesterday to break 0.7087 level and settles below it again, as the EMA50 showed solid resistance against the price’s positive attempts, to return to the bearish track again, targeting testing 0.7000 level as a next main station.
Therefore, the bearish bias will be expected for today unless breaching 0.7130 level and holding above it.
Expected trading range for today is between 0.7000 support and 0.7130
Expected trend for today: Bearish
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