The AUDUSD affected by the positive momentum – Analysis - 20-06-2019

Economies.com
2019-06-20 04:43AM UTC

The AUDUSD pair closed the daily candlestick above 0.6875, which pushes the price to achieve more intraday gains, supported by the positive signal provided now by stochastic, expecting to head to test 0.6970 initially, noting that surpassing this level will push the price to visit 0.7044 as a next station.

 

Therefore, the bullish bias will be suggested for today unless breaking 0.6865 level and holding below it.

 

The expected trading range for today is between 0.6865 support and 0.6950

 

The expected trend for today: Bullish

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