AUDUSD keeps its negative stability – Analysis - 16-11-2017
Economies.com
2017-11-16 04:49AM UTC
The AUDUSD pair settles below 0.7633 level, to keep the negative pressure valid on the intraday and short term basis, supported by the EMA50 that keeps pushing the price downwards, noting that our next target is located at 0.7516.
Therefore, we are waiting for more decline in the upcoming sessions, conditioned by the price stability below 0.7633.
Expected trading range for today is between 0.7500 support and 0.7650
Expected trend for today: Bearish
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