The AUDUSD loses momentum – Analysis - 28-05-2019
Economies.com
2019-05-28 01:35AM UTC
The AUDUSD pair shows more tight trading, accompanied by stochastic loss to the positive momentum, while the EMA50 keeps pressing negatively on the price.
Therefore, the bearish trend will remain expected in the upcoming sessions unless breaching 0.6945 level and holding above it, noting that our next main target extends to reach 0.6800.
The expected trading range for today is between 0.6840 support and 0.6960
The expected trend for today: Bearish
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