Midday update for AUDUSD 30-10-2018

Economies.com
2018-10-30 10:52AM UTC

The AUDUSD pair settles below the intraday resistance, accompanied by stochastic approach to the overbought areas, to support the chances of resuming the expected bearish trend for today, which targets 0.7000 level initially, reminding you that the continuation of the expected decline depends on the price stability below 0.7110 and 0.7165 levels.

 

Expected trading range for today is between 0.7000 support and 0.7140

 

Expected trend for today: Bearish

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