AUDUSD is stable – Analysis - 11-02-2019
Economies.com
2019-02-11 05:24AM UTC
The AUDUSD pair tested 0.7100 level and begins to rebound bearishly from there, supported by the negative signals provided now by stochastic, waiting to head towards 0.7000 that represents our next main target.
The EMA50 supports the expectations to decline, noting that holding below 0.7180 is important to continue the suggested bearish wave.
The expected trading range for today is between 0.7000 support and 0.7140
The expected trend for today: Bearish
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