The AUDCAD keeps the bearish bias – Analysis – 14-10-2019
Economies.com
2019-10-14 06:25AM UTC
The AUDCAD price kept its negative stability by providing a new close below the bearish channel’s resistance at 0.9058, to begin forming a new negative trading, achieving 0.8960 level.
The stability of the moving average 55 above the main resistance increases its strength against the current trading, stochastic reach to 20 level increases the chances for gaining the extra negative momentum, to increase the chances for recording new negative targets by reaching 0.8910 and 0.8820.
The expected trading range for today is between 0.9010 and 0.8910
The expected trend for today: Bearish
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