AUD USD settles negatively 16/11/2012

Economies.com
2012-11-16 06:25AM UTC

The pairs’ trading settled below 1.0365, to open the way towards more bearishness which will be expected for today according to stability below the mentioned level and EMA50 support.

 

Stochastic still offering positive signals might lead to retest the breached level before heading towards negative targets begin at 1.0250-1.0215

 

Expected trading range for today is between: 1.0150 support and 1.0410 resistance.

 

Expected trend for today: Bearish

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