Midday update for AUDUSD 13-06-2018

Economies.com
2018-06-13 09:37AM UTC

The AUDUSD pair fluctuates around 0.7566 level since morning, falling under the negative pressure formed by the EMA50, which supports the chances of continuing the bearish bias in the upcoming sessions, reminding you that breaking the mentioned level will push the price towards 0.7507 as a next target, to continue suggesting the bearish trend for the rest of the day unless breaching 0.7614 followed by 0.7661 levels and holding above them.

 

Expected trading range for today is between 0.7500 support and 0.7614

 

Expected trend for today: Bearish

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