The AUDUSD approaches the target – Analysis - 17-06-2019
Economies.com
2019-06-17 04:09AM UTC
The AUDUSD pair continues to decline to reach the thresholds of the waited target at 0.6860, and the price falls under continuous negative pressure that comes by the EMA50, reinforcing the chances of continuing the bearish trend in the upcoming sessions, reminding you that the next target extends to reach 0.6707 after breaking the previous level.
Therefore, we will continue to suggest the bearish trend on the intraday basis unless breaching 0.6970 level.
The expected trading range for today is between 0.6820 support and 0.6920
The expected trend for today: Bearish
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