AUDUSD tests the moving average – Analysis - 13-02-2019

Economies.com
2019-02-13 05:21AM UTC

The AUDUSD pair trades positively to test the EMA50 now, while stochastic shows clear overbought signals, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below 0.7190, reminding you that our next main target is located at 0.7000.

 

The expected trading range for today is between 0.7050 support and 0.7190

 

The expected trend for today: Bearish

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