Midday update for AUDUSD 12-12-2018

Economies.com
2018-12-12 10:37AM UTC

The AUDUSD pair shows sideways trading since morning and keeps its stability below 0.7277, while stochastic and the EMA50 provide negative signals now, to support the chances of resuming the expected bearish trend for the upcoming period, reminding you that our main waited targets begin at 0.7080 followed by 0.7020.

 

Expected trading range for today is between 0.7120 support and 0.7277

 

Expected trend for today: Bearish

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