The AUDUSD is stable – Analysis - 07-05-2019

Economies.com
2019-05-07 02:17AM UTC

The AUDUSD pair shows sideways and tight trades since yesterday, keeping its stability below 0.7044, thus, no change to the expected bearish trend scenario on the intraday and short term basis, which depends on the price stability below the mentioned level, while its next target located at 0.6905.

 

The expected trading range for today is between 0.6920 support and 0.7044

 

The expected trend for today: Bearish

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