AUDUSD heads towards the resistance – Analysis - 01-11-2018
Economies.com
2018-11-01 04:53AM UTC
The AUDUSD pair begins today’s trading with clear rise to approach the main resistance 0.7155, affected by stochastic positivity, and as we mentioned in our recent reports, the price needs to hold below this level to keep the main bearish trend valid, which its first target located at 0.7000.
We should note that breaching the above mentioned resistance will open the way to start bullish correction that targets 0.7281 areas initially.
Expected trading range for today is between 0.7050 support and 0.7180
Expected trend for today: Bearish
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