AUDUSD resumes the decline – Analysis - 08-02-2019
Economies.com
2019-02-08 05:08AM UTC
The AUDUSD pair provided new negative trading yesterday to move towards our waited negative target at 0.7000, to keep the bearish trend dominant on the intraday basis, supported by moving below the EMA50, noting that surpassing the mentioned level will push the price towards 0.6930 as a next station, while holding below 0.7170 represents major condition to continue the expected decline.
The expected trading range for today is between 0.7000 support and 0.7120
The expected trend for today: Bearish
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