Midday update for the AUDUSD 10-06-2019

Economies.com
2019-06-10 09:18AM UTC

The AUDUSD pair shows bearish bias now to approach 0.6945 level, and as we mentioned this morning, breaking this level will confirm the continuation of the bearish bias to visit 0.6860 level that represents our first negative target.

 

Therefore, the bearish trend scenario will remain active for today conditioned by the price stability below 0.7044 and 0.7075 levels.

 

The expected trading range for today is between 0.6920 support and 0.7000

 

The expected trend for today: Bearish

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