AUDUSD declines calmly – Analysis - 15-10-2018

Economies.com
2018-10-15 04:33AM UTC

The AUDUSD pair shows slight negative trades in attempt to move away from 0.7130, to keep the bearish trend scenario valid as it is without any change, supported by the negative pressure formed by the EMA50, waiting to visit 0.7000 level as a next main station, reminding you that it is important to hold below 0.7130 to continue the expected decline.

 

Expected trading range for today is between 0.7030 support and 0.7170

 

Expected trend for today: Bearish

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