The AUDUSD continues to fluctuate – Analysis - 10-01-2020
Economies.com
2020-01-10 05:42AM UTC
The AUDUSD pair hovers around the EMA50, and we still waiting for more decline to test the bullish channel’s support line at 0.6795, to keep the negative scenario valid for the upcoming period, taking into consideration that breaching 0.6920 will stop the expected decline and lead the price to head towards 0.7015 areas again.
The expected trading range for today is between 0.6800 support and 0.6920
The expected trend for today: Bearish
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