AUDUSD heads towards the first target – Analysis - 11-12-2018
Economies.com
2018-12-11 05:25AM UTC
The AUDUSD pair provided negative trades yesterday and started to attack 0.7200, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, waiting for more decline to head towards 0.7080 followed by 0.7020 that represent our next main stations.
The EMA50 keeps supporting the suggested bearish wave, which its continuation conditions holding below 0.7277.
Expected trading range for today is between 0.7120 support and 0.7277
Expected trend for today: Bearish
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