AUDUSD crawls downwards – Analysis - 21-11-2017
Economies.com
2017-11-21 04:40AM UTC
The AUDUSD pair shows calm negative trading to approach 0.7516 level, and the price falls under continuous negative pressure coming by the EMA50, to support the chances of breaking the mentioned level followed by extending the bearish wave towards 0.7415 as a next target.
Therefore, we suggest the continuation of the bearish trend in the upcoming sessions, noting that breaching 0.7633 will stop the current negative pressure and lead the price to regain its main bullish track again.
Expected trading range for today is between 0.7450 support and 0.7633
Expected trend for today: Bearish
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