Midday update for AUDUSD 19-06-2018

Economies.com
2018-06-19 10:04AM UTC

The AUDUSD pair resumed its negative trading after confirming breaking 0.7411 level, reinforcing the chances of heading towards our waited target at 0.7285, to keep the bearish trend scenario valid in the upcoming sessions, noting that holding below 0.7411 represents the first condition to continue the expected decline.

 

Expected trading range for today is between 0.7320 support and 0.7475

 

Expected trend for today: Bearish

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