Midday update for AUD USD 19/12/2014

Economies.com
2014-12-19 11:26AM UTC

The AUDUSD pair bounces bearishly after approaching from the bearish channel’s resistance, which supports the continuation of our bearish trend overview for today, which gets good support from the negative signal offered by stochastic, waiting to break 0.8115 to open the way towards 0.8045.

 

Expected trading range for today is between: 0.8045 support and 0.8235 resistance.

 

Expected trend for today: Bearish

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