Midday update for AUDUSD 08-03-2019

Economies.com
2019-03-08 11:01AM UTC

The AUDUSD pair settles below 0.7044 level, to keep the bearish trend scenario active for today, which targets 0.6900 level as a next main station, taking into consideration that breaching 0.7044 will stop the expected decline and lead the price to achieve gains that start at 0.7125 and extend to 0.7250.

 

The expected trading range for today is between 0.6930 support and 0.7044

 

The expected trend for today: Bearish

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