Midday update for AUDUSD 16-11-2017
Economies.com
2017-11-16 10:42AM UTC
The AUDUSD pair fluctuates within sideways and tight track since morning keeping its stability below 0.7633 level, thus, no change to the expected bearish trend for today, which depends on holding below the mentioned level, supported by the EMA50 negativity besides stochastic lose to the bullish momentum, reminding you that our next target is located at 0.7516.
Expected trading range for today is between 0.7500 support and 0.7650
Expected trend for today: Bearish
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