The AUDUSD gets a negative signal – Analysis - 22-10-2020
Economies.com
2020-10-22 03:54AM UTC
The AUDUSD pair tested the EMA50 and begins providing negative trades now, noticng that stochastic provides negative overlapping signal that we expect to motivate the price to achieve more decline in the upcoming sessions, to keep our bearish overview that targets 0.6964 as a next main station.
On the other hand, we should note that breaching 0.7170 will stop the expected decline and leads the price to resume the main bullish trend again.
The expected trading range for today is between 0.7020 support and 0.7140
The expected trend for today: Bearish
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