AUDUSD below the moving average – Analysis - 28-11-2018
Economies.com
2018-11-28 05:46AM UTC
The AUDUSD pair settles below the EMA50, which forms a negative pressure that supports the exppectations for the continuation of the bearish trend in the upcoming sessions, waiting for targeting 0.7080 level as a next station.
Therefore, we will keep our bearish trend expectations unless breaching 0.7277 level and holding above it.
Expected trading range for today is between 0.7150 support and 0.7277
Expected trend for today: Bearish
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