Midday update for the AUDUSD 22-08-2019

Economies.com
2019-08-22 10:00AM UTC

The AUDUSD pair begins to press on the symmetrical triangle’s support that appears in the chart, waiting for confirm breaking 0.6745 to get a negative motive that supports the expectations for heading towards our initial waited target at 0.6700.

 

Therefore, we will keep our bearish trend expectations for today unless breaching 0.6830 level and holding above it.

 

The expected trading range for today is between 0.6700 support and 0.6830

 

The expected trend for today: Bearish

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