Midday update for AUDUSD 17-11-2017
Economies.com
2017-11-17 10:28AM UTC
The AUDUSD pair resumes its negative trading to approach from our waited target at 0.7516, and the EMA50 continues to push negatively on the price, to support the chances of breaking the mentioned level followed by opening the way to head towards 0.7415 as a next main station.
Therefore, the bearish bias will remain valid for the rest of the day conditiond by holding below 0.7633.
Expected trading range for today is between 0.7500 support and 0.7650
Expected trend for today: Bearish
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