Midday update for the AUDUSD 28-01-2020
Economies.com
2020-01-28 11:48AM UTC
The AUDUSD pair keeps declining to move away from the broken support for the bullish channel, keeping the bearish trend scenario valid and active for the rest of the day, and the way is open for acheiveing our main waited target at 0.6670, taking into consideration that braeching 0.6875 will stop the expected decline and pushes the price to head to 0.7015 again.
The expected trading range for today is between 0.6700 support and 0.6800
The expected trend for today: Bearish
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