Midday update for AUDUSD 17-08-2018
Economies.com
2018-08-17 11:02AM UTC
The AUDUSD pair shows positive trading now to approach testing the key resistance 0.7310, and as long as the price is below this level, our bearish overview will remain active, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to target 0.7200 followed by 0.7075 as next main stations.
Expected trading range for today is between 0.7170 support and 0.7340
Expected trend for today: Bearish
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