Midday update for the AUDUSD 17-05-2019

Economies.com
2019-05-17 10:41AM UTC

The AUDUSD pair crawls downwards calmly to move away from 0.6905 level, on its way toward sour next waited target at 0.6800, to keep the negative scenario active in the upcoming period, supported by the EMA50, reminding you that holding below 0.7044 represents the most important condition to continue the expected decline.

 

The expected trading range for today is between 0.6820 support and 0.6940

 

The expected trend for today: Bearish

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