Midday update for AUDUSD 04-01-2019

2019-01-04 10:37:15 GMT (Economies.com)
Midday update for AUDUSD 04-01-2019
 

The AUDUSD pair trades positively now to move above 0.7020 level, but the EMA50 forms negative pressure against the price, to keep the chances valid to decline again, and the price needs to keep the daily close stability below 0.7020 to keep the bearish trend scenario valid for the upcoming period, which its next target located at 0.6935.

 

Expected trading range for today is between 0.6935 support and 0.7100

 

Expected trend for today: Bearish

 
 
  Symbol Last Change Chg.%
1.1364
-0.0099
0.8667%
1.2874
0.0017
0.1357%
15.340
-0.258
1.651%
53.837
2.217
4.296%
62.70
1.52
2.48%
1281.360
-6.400
0.497%
 
 
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