The AUDUSD heads towards the resistance – Analysis - 06-08-2019
Economies.com
2019-08-06 05:03AM UTC
The AUDUSD pair shows some slight bullish bias on its way to test 0.6830 level, and the price still within the main bearish channel that appears on the chart, to keep the overall bearish trend valid for the upcoming period, supported by the EMA50, waiting to target 0.6700 level as a next station, reminding you that it is important to hold below 0.6830 to continue the suggested bearish bias.
The expected trading range for today is between 0.6700 support and 0.6830
The expected trend for today: Bearish
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