The AUDUSD continues to fluctuate – Analysis - 25-11-2019

Economies.com
2019-11-25 05:58AM UTC

The AUDUSD pair hovers around the support line that appears on the chart, falling under the negative pressure formed by the EMA50, waiting for more decline in the upcoming sessions, which targets 0.6725 followed by 0.6670 levels mainly.

 

On the other hand, we should note that breaching 0.6840 will stop the bearish trend expectations and push the price to achieve gains that reach 0.7015 on the near term basis.

 

The expected trading range for today is between 0.6740 support and 0.6820

 

The expected trend for today: Bearish

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