No news for the AUDUSD – Analysis - 29-05-2019
Economies.com
2019-05-29 00:16AM UTC
The AUDUSD pair continues to fluctuate within tight track and settles around 0.6920, noticing that stochastic approaches to provide negative overlapping signal on the daily time frame, waiting to motivate the price to resume the main bearish trend, which its next target located at 0.6800.
The EMA50 continues to support the expected bearish wave, noting that holding below 0.6945 represents the first condition to continue the suggested decline.
The expected trading range for today is between 0.6840 support and 0.6960
The expected trend for today: Bearish
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