AUDUSD declines clearly – Analysis - 23-10-2018
Economies.com
2018-10-23 04:11AM UTC
The AUDUSD pair resumed its negative trading clearly to head towards our first waited target at 0.7000, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, supported by the negative pressure coming by the EMA50, noting that breaking the mentioned level will push the price towards 0.6900 as a next station.
We remind you that the continuation of the expected decline depends on the price stability below 0.7130.
Expected trading range for today is between 0.6970 support and 0.7100
Expected trend for today: Bearish
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