Midday update for AUDUSD 07-12-2018

Economies.com
2018-12-07 10:39AM UTC

The AUDUSD pair shows some slight bearish bias now that hints the price head to resume the expected bearish trend for today, supported by stochastic move near the overbought areas, waiting to head towards 0.7080 followed by 0.7020 levels as next main stations, reminding you that it is important to hold below 0.7277 to continue the suggested decline.

 

Expected trading range for today is between 0.7140 support and 0.7277

 

Expected trend for today: Bearish

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