The AUDUSD continues to fluctuate – Analysis - 01-05-2019
Economies.com
2019-05-01 03:44AM UTC
The AUDUSD pair shows more fluctuations around 0.7044 level, and the price still between the mentioned support and 0.7135 resistance, which makes us continue with our neutrality until now, reminding you that the price needs to breach one of these levels to detect its next targets clearly.
Note that breaking the mentioned support will press on the price to resume the bearish wave that targets 0.6800 as a next main station, while breaching the resistance will lead the price to achieve gains that reach 0.7250 on the near term basis.
The expected trading range for today is between 0.6980 support and 0.7120
The expected trend for today: Neutral
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