The AUDCAD keeps the negative stability – Analysis – 24-1-2020
Economies.com
2020-01-24 10:16AM UTC
The AUDCAD pair attempted to form temporary correctional bullish rebound to face the moving average 55 at 0.9050, to form additional resistance that reinforces the domination of the previously expected main bearish trend.
Also, stochastic fluctuation below 50 level will increase the chances of gathering new negative momentum to ease the attempt to record the negative targets at 0.8878 followed by .8790 levels
The expected trading range for today is between 0.9050 and 0.8878
The expected trend for today: Bearish
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