Midday update for AUDUSD 12-09-2018
Economies.com
2018-09-12 10:03AM UTC
The AUDUSD pair tests the intraday bearish channel’s resistance line, accompanied by stochastic reach to the overbought areas, to support the chances of bouncing bearishly to resume the main bearish trend, which gets continuous support by the EMA50, waiting to target 0.7075 followed by 0.7020 levels as main stations, reminding you that it is important to settle below 0.7170 to achieve the suggested targets.
Expected trading range for today is between 0.7020 support and 0.7170
Expected trend for today: Bearish
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