AUDUSD keeps its negative stability – Analysis - 17-08-2018
Economies.com
2018-08-17 04:17AM UTC
The AUDUSD pair fluctuates around 0.7270 level since yesterday, keeping its stability below the key resistance 0.7310, which keeps our bearish overview valid until now, supported by stochastic and the EMA50 negativity.
Our waited targets begin at 0.7200 and extend to 0.7075, noting that breaching 0.7310 will push the price to test 0.7420 areas before resuming the bearish trend again.
Expected trading range for today is between 0.7170 support and 0.7340
Expected trend for today: Bearish
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