The AUDUSD attempts to recover – Analysis - 19-06-2019
Economies.com
2019-06-19 04:37AM UTC
The AUDUSD pair shows positive trading to achieve some bullish correction for the last bearish wave, testing 23.6% Fibonacci correction level at 0.6875, and the price needs to hold below this level to keep the overall negative scenario active, which its next main target located at 0.6707.
Therefore, we are waiting for negative trading in the upcoming sessions, noting that breaching 0.6875 will push the price to achieve more gains and test areas that reach 0.6950 before any new attempt to decline.
The expected trading range for today is between 0.6800 support and 0.6925
The expected trend for today: Bearish
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