Midday update for AUDUSD 28-12-2018
Economies.com
2018-12-28 10:31AM UTC
The AUDUSD pair shows some slight bullish bias affected by stochastic positivity, noticing that the indicator loses its positive momentum and reaches the overbought areas, waiting to motivate the price to resume the bearish trend that its next target located at 0.6920, while its continuation conditions holding below 0.7120.
Expected trading range for today is between 0.6970 support and 0.7100
Expected trend for today: Bearish
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