AUDUSD under the negative pressure – Analysis - 19-10-2018
Economies.com
2018-10-19 04:02AM UTC
The AUDUSD pair traded with clear negativity yesterday to break 0.7130 level and settles below it, which stops the recently suggested positive scenario and push the price to decline again, targeting heading towards 0.7000 as a first station.
Therefore, the bearish bias will be expected for today unless breaching 0.7130 level and holding above it again.
Expected trading range for today is between 0.7040 support and 0.7170
Expected trend for today: Bearish
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