The AUDUSD around the moving average – Analysis - 04-12-2019

Economies.com
2019-12-04 05:52AM UTC

The AUDUSD pair fluctuates around the EMA50 and keeps its stability above it, and as long as the price is above 0.6755, our bullish overview will remain valid and active for the upcoming period, as th price moves inside the bullish channel that appears on the chart, waiting to head towards 0.7015 that represents our next main target.

 

The expected trading range for today is between 0.6800 support and 0.6900

 

The expected trend for today: Bullish

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