AUDUSD resumes the decline – Analysis - 15-11-2017
Economies.com
2017-11-15 04:27AM UTC
The AUDUSD pair begins today's trading with strong negativity to move away from 0.7633 level, which supports the continuation of our bearish overview efficiently in the upcoming period, and the way is open to visit our next target at 0.7516.
Therefore, we will continue to suggest the bearish trend for today supported by the negative pressure provided by the EMA50, noting that holding below 0.7633 represents the first condition to continue the suggested decline.
Expected trading range for today is between 0.7516 support and 0.7633
Expected trend for today: Bearish
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