Midday update for AUDUSD 13-08-2018

Economies.com
2018-08-13 10:01AM UTC

The AUDUSD pair continues to decline to gradually approach our waited target at 0.7200, to keep the bearish trend scenario active on the intraday and short term basis, organized inside the main bearish channel, noting that our extended target reaches 0.7075, while achieving these targets conditions holding below 0.7370.

 

Expected trading range for today is between 0.7190 support and 0.7350

 

Expected trend for today: Bearish

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