The AUDUSD begins the activation of the negative pattern – Analysis - 12-06-2019
Economies.com
2019-06-12 04:39AM UTC
The AUDUSD pair trades with calm negativity to move below the intraday bullish channel’s support line that appears on the chart, which forms the bearish flag pattern mentioned yesterday, thus, we believe that the way is open to continue the decling in the upcoming sessions, waiting to visit 0.6860 mainly.
The EMA50 supports the suggested bearish wave, which its continuation conditions holding below 0.7044.
The expected trading range for today is between 0.6880 support and 0.6980
The expected trend for today: Bearish
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