AUDUSD gets a negative signal – Analysis - 22-11-2018
Economies.com
2018-11-22 05:07AM UTC
The AUDUSD pair keeps its stability below 0.7277 level, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 0.7080 areas initially.
We should note that breaching 0.7277 will stop the expected decline and lead the price to extend the correctional bullish wave towards 0.7437 as a next station.
Expected trading range for today is between 0.7150 support and 0.7277
Expected trend for today: Bearish
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