AUDUSD resumes the decline – Analysis - 22-11-2017
Economies.com
2017-11-22 04:52AM UTC
The AUDUSD pair begins to decline after approaching the EMA50 in the previous sessions, accompanied by witnessing clear negative signals through stochastic, reinforcing the chances of continuing the decline in the upcoming sessions, waiting to test 0.7516 level initially.
Therefore, the overall bearish trend will remain suggested on the intraday and short term basis conditiond by holding below 0.7633, reminding you that breaking 0.7516 will push the price towards 0.7415 direct.
Expected trading range for today is between 0.7460 support and 0.7633
Expected trend for today: Bearish
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